Lithuania’s power grid project gets €10.8M in EU money

Lithuania, Vilnius: Lithuania has been allocated some €10.8 million ($12.6 million) in EU funding for the optimization of its transmission grid in north-east, a project important for the synchronization of the Baltic power grids with the Continental European network, reports The Baltic Times.

The project involves upgrading the 330 kV transformer substations at the Ignalina Nuclear Power Plant and at Utena. Plans include moving one of the large transformers of the INPP substation to the 330 kV substation in Utena by 2021, thus increasing the reliability of electricity transmission throughout the region. 

Previously, Lithuania’s power transmission system operator Litgrid signed a contract worth almost €29 million ($34 million) with a consortium of Lithuania’s company Kauno Tiltai and ABB for the upgrading of the substations. 

Energy Minister Zygimantas Vaiciunas said that the upgrading of the grid is necessary for successfully disconnecting from the Soviet-era system and connecting to the secure European network, according to The Baltic Times.

Source: The Baltic Times