New Polish-Lithuanian submarine HVDC cable Harmony Link agreement signed
The management teams decided to name new interconnector as “Harmony Link”.
The Initial Cooperation Agreement establishes the principles of cooperation within the Preparation Phase of the project.
This phase encompasses set of activities which aim towards taking the so-called Investment Decision, following which the procurement for the construction of the “HARMONY Link” will be launched.
In line with the current forecasts the Investment Decision should arrive in 2020.
While the process of synchronization runs under the supervision of ENTSO-E Regional Group Continental Europe, the construction of the “Harmony Link” will be a task of the PSE and LITGRID. ■