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Mytilineos: Signing of contracts for DEDDIE totaling 97.69 million

MYTILINEOS, through the Sustainable Development Projects Sector (SES BU), signed the first 3 contracts (out of a total of 4) for the Construction and maintenance of the same number of distribution network projects of the Hellenic Electricity Distribution Network Operator (DEDDIE).

The said 3 contracts concern DEDDIE contracts in the following areas:

Agriniou & Arta
Patras & Aegios and
Chalkidas & Aliveriou

In addition to electrification projects, maintenance, variations and reinforcements of the network, work will also be carried out to connect renewable energy projects with the distribution network, change overhead to underground networks within the urban and suburban network and reconstruct existing networks in order to ensure stable operation of the existing network.

As stipulated in the contracts, projects of the National Recovery and Resilience Plan Greece 2.0 will also be carried out with the aim of digital modernization and care for the environment, such as the replacement of HT electricity meters with smart meters, the upgrade of the DEDDIE aerial network in forested areas and the upgrades of the DEDDIE network with the aim of strengthening resilience and protecting the environment.

Over the last decade, MYTILINEOS has consistently participated in the upgrade and good operation of the DEDDIE distribution network, executing projects of similar contracts.

The price for MYTILINEOS for these 3 contracts amounts to €97,690,000 plus VAT, while with the signing of the 4th contract, which will concern contracting in the Volos area, the total value will reach €114,700,000 plus VAT.

The works are expected to last 48 months from the signing of the contracts.

Source: Capital

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