Eltel and Caruna sign agreement for cabling in Finland
The total value of the agreement is approximately EUR 17.5 million and the contract period is 2017-2019.
Eltel and Caruna have a long standing partnership and the new agreement is a continuation of previous successful collaboration in cabling projects in Finland.
The new agreement consists of several separate projects, in which overhead power lines will be replaced by underground cables.
In 2013 a new law was approved to secure improved electricity supply in the electricity market in Finland.
This has resulted in increased investments by the utilities in underground cabling as a solution to ensure the so called weather proof electricity networks.
The new agreement is based on a turnkey delivery model. Eltel’s responsibilities in the projects will span from overall planning to site planning, cable installations, commissioning and documentation. The agreement was won in a public tendering. ■