Energijos Skirstymo Operatorius AB (hereinafter – the Company), identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023.
The Company informs, that on 29 of June 2018 the National Commission for Energy Control and Prices (hereinafter – the Commission) has approved the Company's investment projects, the total value of which is over EUR 26.216 million.
It is planned, that 50 percent (EUR 13,108 million) of the sum required for the implementation of the investments will be financed from the EU structural funds. The project approved by Ministry of Energy and Public Institution Lithuanian Business Support Agency. The remaining part will be financed by the Company’s own funds.
During the implementation of the projects, 9 transformer substations will be renewed (in Pakruojis, Pabradė, Parovėja, Seda, Švenčionys, Sendvaris, Paberžė, Druskininkai, Vilkpėdė), also 9 electricity distribution points will be renewed. It will increase the reliability of electricity supply for about 60 thousand clients.
Transformer substations which are to be reconstructed are worn out, faults often occur. After the refurbishment works, a safer and more reliable supply of electricity will be ensured. The project is projected to reduce technological losses and operating costs.
Influence of these investments to the price of distribution services in 2016-2020 has been evaluated earlier, therefore these works will not add to the price of regulated services.
Representative for Public Relations of Energijos Skirstymo Operatorius AB Tomas Kavaliauskas, phone: +370 617 51616, e-mail.: tomas.kavaliauskas@eso.lt