Prysmain Group has confirmed an additional contract from Terna Rete Italia for submarine power cable links in the Venetian Lagoon.
Prysmian Group, world leader in the energy and telecom cable systems industry, announces that Terna Rete Italia has confirmed a series of additional works — originally included as option — to be added to the Venetian Lagoon submarine power cable links project, a contract awarded to the Group last year following an European bid.
These new works are worth approximately €20 million and involve the completion of the project aimed at strengthening the high voltage power transmission grid in the Venice area. The project includes 6 km link, made up of High Voltage Alternate Current (HVAC) 132kV cables.
The cables will be produced in the Arco Felice plant, near Naples. Commissioning is scheduled in 2018.