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Prysmian wins €630 million contract from Terna for Adriatic submarine cable project

Prysmian wins €630 million contract from Terna for Adriatic submarine cable project

The Prysmian Group has been awarded a contract worth approximately €630 million from a subsidiary of Terna SpA, an Italian power grid operator (TSO), that will connect the Italian regions of Abruzzo and Marche.

A press release said that the Adriatic Link project route runs for approximately 250 km. It will be made up of two submarine cables accounting for some 210 km across the Adriatic Sea. The project also includes some 40 km of two underground cables connecting each landing point to the regional substation. Prysmian will also be responsible for the design, supply, installation, and commissioning of the High Voltage Direct Current (HVDC) submarine interconnection.

The submarine cables with XLPE insulation will be made in Arco Felice, Italy, while the underground cables with P-laser insulation will be made in Gron, France. The HVDC bipolar cable line will allow transmission capacity up to 1,000 M, increasing the exchange of energy between Italy’s central-southern and central-northern areas.

The Group has made major investments in Arco Felice to strengthen its production capacity, transforming the plant as a technology hub for submarine power transmission cables in Europe. Installation will be carried out by two Prysmian Group’s cable-laying vessels: the Leonardo da Vinci and the Monna Lisa. The cable laying should be completed within the first half of 2028.

“This award confirms the mutual trust and long-standing relationship between Terna and Prysmian Group, as this is the latest of several projects we are working on with the Italian TSO,” H. Ozmen, EVP Projects BU, said in a statement. He noted that the project furthers development of strategic infrastructure by making available the best “Made in Italy” submarine cable technology, contributing to the enhancement of power transmission in the center of mainland Italy, “in line with the goals set out in the Integrated National Energy and Climate Plan (PNIEC), to further support Italy’s role as an electricity hub for Europe and the whole Mediterranean region.”

Including this contract, Prysmian Group’s Projects BU order intake exceeds €10 billion year to date, including preferred bidder agreements. The project will contribute to de-carbonzation of Italy’s energy system, reinforcing Italy’s role as the Mediterranean energy hub.

Read 616 times Last modified on October 4, 2023

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