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Eltel wins EUR-17.5m power line job in Finland

Transmission lines. Author: Nayu Kim. License: Creative Commons, Attribution 2.0 Generic.

December 2 (Renewables Now) - Sweden’s Eltel AB (STO:ELTEL) last week announced a EUR-17.5-million (USD 19.3m) contract to build a 45-km (30 miles) 400+110 kV power transmission line in Finland's Oulu region.

Eltel, which provides technical services for critical infrastructure networks in northern Europe and has a diverse contract portfolio that also includes renewable energy developers, is to provide turnkey delivery of the new line and make modifications to the existing 110 kV, 220 kV and 400 kV lines with about 220 towers.

The contract is between Eltel's local power business and Finland's national transmission system operator Fingrid. The new transmission line will make the existing transmission grid more reliable and energy efficient, while also improving capacity, Eltel said. The project is designed to strengthen the transmission grid towards eastern Finland and the Lake Line between Lappeenranta and Oulu.

(EUR 1.0 = USD 1.1)

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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