09.11.2016.

Warsaw - The consortium of Dalekovod Polska S.A. - ZUE S.A. and the Polish Transmission System Opeartor Polskie Sieci Elektroenergetyczne S.A. have concluded and signed a consensual termination of the agreement to construct a 400 kV double transmission line Kozenice - Ołtarzew.

The agreement to construct the transmission line was signed in 2014, and the consensual termination of the agreement in question was signed after an in-depth analysis. Following the analysis, both parties concluded that unstable outside factors, independent of the contractual parties, led to a situation which caused exacerbating conditions impacting the realization of the agreement and the implementation of the investment within the targeted time period and budget agreed upon in 2014.
Dalekovod d.d. considers the Republic of Poland an extremely important market within the European Union. The company currently has three projects in Poland and is intensively preparing for new upcoming projects for PSE and other investors.

Dalekovod. dd published this content on 09 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 November 2016 09:51:04 UTC.

Original documenthttp://www.dalekovod.hr/en/consensual-termination-of-the-agreement-in-poland.aspx

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