Under the €40m contract, improvements on the medium and low voltage networks will be conducted during the next three years.

The frame agreement includes several separate network improvement projects, replacement of many of the overhead power lines with underground cables, as well as changing cabling of existing poles, and installation of hundreds of transformer stations.

Eltel Power distribution business president Juha Luusua said: "The agreement is also a great proof of Caruna’s trust in Eltel’s competences in project management and underground cabling, and it is very important for us."

Caruna managing director Ari Koponen said: "We chose Eltel as our partner for the overall economy and the quality of operations. For us it is also important that Eltel is able to provide technician resources in major network disturbance situations."

Image: Eltel, Caruna signs agreement on power distribution works. Photo: ©Cision