Greece Project Notice - HEDNO DISTRIBUTION I


Project Notice

PNR 60046
Project Name HEDNO DISTRIBUTION I
Project Detail The project consists of an investment programme in electricity distribution in Greece, covering the period 2024-2026. The programme includes investments in MV and LV networks, smart meters and automation. Objectives The aim is to connect new system users, including renewable energy sources and improve the reliability and quality of electricity supply. Smart meters are expected to reduce non-technical losses, enable remote operations related to end customers, improve demand forecasting, improve awareness on electricity consumption, support energy efficiency policies, enable the implementation of new services such as demand side management, increase observability of the low voltage distribution network, improve quality of service, facilitate the energy market, and contribute to the reduction of various operating costs. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 150 million Total cost (Approximate amount) EUR 592 million
Funded By European Investment Bank (EIB)
Sector Energy & Power
Country Greece , Western Europe
Project Value EUR 59,200,000

Contact Information

Company Name European Investment Bank (EIB)
Web Site https://www.eib.org/en/projects/pipelines/all/20230622

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