In order to develop and improve the electricity distribution network, Caruna has entered a three-year framework agreement with Eltel Networks Oy, Sallila Sähköasennus Oy, Telog Oy and TLT-Group Oy. The network improvement works will continue over three years and require approximately one hundred individual projects. During this period, overhead lines will be entirely replaced with more than 3,500 kilometres of underground cables. In addition to cabling thousands of satellite substations, cable cabinets and other technical equipment that are necessary for the reliability of electricity distribution, are installed to the network. As part of the framework agreement, Kuusakoski Oy, our recycling partner, will handle all waste created by materials dissembled from the network.
In addition to these investments made in sparsely populated areas Caruna will focus some of the efforts to densely populated and urban areas. This is achieved partially by building a new distribution network and partially by repairing the existing network of overhead lines.
- Our investments will not only improve the reliability for electricity distribution but also provide a weatherproof electricity network to 45,000 new customers in Southwest Finland and Satakunta regions. The investments made thanks to this comprehensive framework agreement play a significant role in facilitating the means to meet the demands of the new regulations of electricity distribution, in a set time frame. The framework agreement is a significant part of a larger network investment plan, in which we will continue to invest 150 MEUR annually. Our annual investment action plans apply to all our electricity distribution areas and aim to ensure our clients a continued quality of supply, says Ari Koponen CEO at Caruna.
- The project planning will commence during the autumn and the actual digging work will commence in spring 2016. We have chosen our investment targets so that they benefit as many clients as possible. Broad framework agreements allow us to employ local professionals, while we secure that we ourselves have the sufficient resources to meet growing future investments in our electricity networks Timo Jutila Head of Asset Management, concludes.