Turkish state-owned power producer TEIAS has invited a joint venture between
Turkish cable maker Turk Prysmian and Italy’s Prysmian Powerlink to sign a 63.6
million euro ($79.3 million) deal for a subsea power line across the Dardanelles
strait in northwestern Turkey, Turk Prysmian said.
The joint venture was
the only bidder in the tender for the Lapseki-Sutluce 380 kV subsea power
transmission line project in June, Turk Prysmian said in a bourse filing on
Wednesday.
The project envisages the installation of a 4.5 kilometre-long
subsea power cable line in the province of Canakkale to connect the power
transmission lines in the districts of Lapseki and Sutluce, located on the two
sides of the Dardanelles strait.
The project is to be carried out in 750
days after signing the agreement, Turk Prysmian added.
Turk Prysmian and
Prysmian Powerlink are units of Italian cable maker Prysmian.