AKTOR SOCIETE ANONYME HOLDING COMPANY TECHNICAL AND ENERGY PROJECTS
Agreement between the J/V ELTER - INTRAKAT and EPA ATTIKIS SA for the expansion of the natural gas network in the south and part of central Attica region.
The Joint Venture ELTER - INTRAKAT signed a new contract, on Friday October 26, 2007 with EPA ATTIKIS S.A. (Gas Supply Company) for the construction of the natural gas distribution network and pipeline for the south and part of central Attica regions.
The contract's estimated value is at 29.8 mil. Euros and involves the construction of 250 kilometres of natural gas pipeline. The ELTER - INTRAKAT joint venture, will commence works in a month's period and will expand the natural gas network in the following areas of the Attica region: N. Smyrni, P. Faliro, Dafni, Vyronas, Kaissariani, Ymittos, Ilioupoli, Glyfada, Argyroupoli, Elliniko, St. Demetrius, Alimos, Voula, Koropi (the Municipalities presented herein are in volume of constructions work order).
The natural gas network expansion works in the South & Central Attica regions together with the existing network in these specific areas will give the opportunity in 233,000 households to acquire access to the natural gas, presenting 59% coverage, and it is also foreseen that another 25-30 large industrial and commercial consumers will also connect to the network. In addition, 8 kilometers of steel Mid-pressure network will be constructed and up to 40 distribution stations will be established, which will enhance the existing network's capacity.
The contract's estimated value is at 29.8 mil. Euros and involves the construction of 250 kilometres of natural gas pipeline. The ELTER - INTRAKAT joint venture, will commence works in a month's period and will expand the natural gas network in the following areas of the Attica region: N. Smyrni, P. Faliro, Dafni, Vyronas, Kaissariani, Ymittos, Ilioupoli, Glyfada, Argyroupoli, Elliniko, St. Demetrius, Alimos, Voula, Koropi (the Municipalities presented herein are in volume of constructions work order).
The natural gas network expansion works in the South & Central Attica regions together with the existing network in these specific areas will give the opportunity in 233,000 households to acquire access to the natural gas, presenting 59% coverage, and it is also foreseen that another 25-30 large industrial and commercial consumers will also connect to the network. In addition, 8 kilometers of steel Mid-pressure network will be constructed and up to 40 distribution stations will be established, which will enhance the existing network's capacity.