Litgrid, Lithuania’s transmission system operator, has decided to cancel a tender for the selection of a cable contractor for the Harmony Link project. As a consequence, PSE also canceled a tender for the construction of converter stations under this project.
The total investment cost, taking into account submitted bids, would be approx. 1.6 billion euros and would far exceed its budget, estimated at 680 million euros. PSE and Litgrid plan to repeat the procedure for the construction of Harmony Link.
Source: Polish Power Grid