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Home›Business & Finance›Prysmian Bags €65 Mln Turkey Cable Gig
Business & Finance

December 5, 2014 · about 11 years ago

Prysmian Bags €65 Mln Turkey Cable Gig

Prysmian Group has been awarded a contract worth a total of around €64 million by the Turkish utility TEIAS for the design, supply, installation and commissioning of the second high voltage submarine power cable link between Europe and Asia across the Dardanelles strait in Turkey. This second link a

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Prysmian Group has been awarded a contract worth a total of around €64 million by the Turkish utility TEIAS for the design, supply, installation and commissioning of the second high voltage submarine power cable link between Europe and Asia across the Dardanelles strait in Turkey.

This second link across the Dardanelles will complement the interconnection that Prysmian Group is currently executing along the same route in these days under the first contract awarded by TEIAS in September 2012, and will play a strategic role in order to complete Turkey’s power transmission grid and to ensure reliable and cost-effective power flow from the Asian generation sites to the country’s European main consumption centres including the congested Istanbul area and closing the ring around the Marmara Sea.

“This project reconfirms Prysmian’s undisputed leadership in the submarine cable systems industry as a truly reliable and dedicated partner in the execution of turn-key complex projects” stated Massimo Battaini , Prysmian Group’s Senior Vice President Energy Projects. “The first Dardanelles link, which is currently carried out successfully by the Group, represents a milestone in the cables industry as it is one of the first AC 380 kV submarine cable links using XLPE insulated cables, in the world. This second award by TEIAS is a tangible sign of the Group’s strong and acknowledged reputation and of the trust of the market” , he added.

The link comprises a double AC power transmission circuit of approximately 4 km with a rating of 1000 MW for each circuit between the substations of Lapseki (Asian side) and Sütlüce (European side) across the Dardanelles strait. The 380 kV XLPE insulated cables will be manufactured in Prysmian’s production unit based in Pikkala (Finland), one of the Group’s excellence centres for the production of submarine cables and installation will be performed with available resources. Commissioning is scheduled for the first half of 2016.

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