Intrakat: Signing a €154.76 million contract with DEDDIE for network construction and maintenance projects

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The contract of the “DD – 214 Construction and maintenance of Distribution network projects” project amounting to 154.76 million euros plus VAT was signed today between Intrakat and DEDDIE.

The project concerns all the works in the context of the construction and maintenance of distribution network projects within the geographical boundaries of six Administrative Regions of the DEDDIE, specifically, in the regions:

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– Kallithea Attica

– Network Construction and Maintenance Sector of the Attica Regional Directorate

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– Eastern Thessaloniki & Polygyros

– Karditsa

– Thebes, Livadia and Amfissa

– Heraklion Attica

The contract also provides for the implementation of the Recovery Fund projects in particular

– The replacement of HT electricity meters with smart meters

– The upgrade of the DEDDIE aerial network in forest areas and

– The upgrades of the DEDDIE network with the aim of strengthening resilience and protecting the environment

Mr. Alexandros Exarchou, Vice President & CEO of the Company, on the occasion of
signing the contract stated: “An important project is being added today to our company’s broad and rich portfolio. We would like to assure everyone that, following the recent shareholding and management changes that have taken place, Intrakat has a solid foundation and continues its dynamic growth path I guarantee the highly competent human resources, the experience and the strong know-how it possesses. The new management supports and will support with all means this effort with the aim of strengthening the competitive position of the company in the construction industry”

Source: Capital

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