This year AST will invest 95 million euros in development
This year Latvian Transfer system operator JSC Augstsprieguma tīkls (AST) will invest 95 million euros in development; 40 million of the investment is co-financing of the European Union. The most part of the investments are intended for the implementation of the project Estonia – Latvia third power transmission network interconnection - it is planned to invest 38 million in the transmission lines and the construction of necessary infrastructure.
“The biggest challenges this year are related to the work on the safety of power supply, implementation of an efficient market model, takeover of transmission system assets and successful continuation of development projects. In the second half of the year it is planned to complete the 214 km long high-voltage line Kurzemes loks” - says the AST Chairman of the Board Varis Boks.
In the implementation of the project Estonia – Latvia third power transmission network interconnection, it is planned to invest 38 million euros of the total 84 million euros allocated for the project, in the implementation of Kurzemes loks third stage - network construction and substation reconstruction - 24 million euros of the total 128 million euros will be invested, whereas 7 million euros of the total 20 this year is planned to be invested in the construction of the Riga CHP-2 – Riga HPP power transmission network. All these projects, the combined costs of which are about 230 million euros, have received co-financing of the European Union in the amount of 116 million euros from the funds of the Connecting Europe Facility's (CEF) instrument.
Meanwhile, to modernise the existing Latvian electricity transmission systems and substations, it is planned to invest 24 million euros - 12 million euros for the reconstruction of substations and distribution points (in total 11 projects this year), six million euros for the reconstruction of electricity transmission lines, six million euros for the exchange of 11 transformers and one auto-transformer in total.
Two million euros will be invested in other activities, the main part of which is investment in the construction of the reserve dispatcher centre.
This year it is planned to complete the construction of two new substations - Skrunda and Ķemeru parks, substation Jāņciems will be reconstructed, and reconstruction is also planned for the Daugavpils 110kV and Krustpils 330kV switchboards.