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Croatia’s Dalekovod wins 14 mln euro power line deal in Norway

Apr 18, 2024, 3:01:00 PMArticle by Annie Tsoneva
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April 18 (SeeNews) - Croatian power transmission equipment manufacturer Dalekovod [ZSE:DLKV] said on Thursday it has won an order worth more than 14 million euro ($ 14.9 million) from Norwegian national electricity transmission company Statnett to build a new 420 kV transmission line.

Croatia’s Dalekovod wins 14 mln euro power line deal in Norway
Dalekovod carried out a project to replace the 28-kilometres long Barseback-Sege transmission line in Sweden. Source: Dalekovod

The project involves the construction of the Vik - Sogndal transmission line section, near the 420 kV Aurland-Sogndal transmission line which is under construction, Dalekovod said in a press release.

The project includes dismantling the existing 300 kV transmission line and building a new 420 kV transmission line with a length of 12.5 kilometers. Construction is scheduled from summer 2024 to mid-2028.

Dalekovod’s shares last traded on Tuesday, then they closed 1.63% lower at 2.42 euro on the Zagreb bourse.

($ = 0.937 euro)

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