HEDNO

Power grid operator HEDNO has secured a €150 million loan from the European Investment Bank (EIB) to install 3.12 million smart meters, the first stage of a plan to upgrade Greece's distribution network, HEDNO and the EIB said on Tuesday.

After twenty years of adventures, the process of approvals and licenses began so that the construction of the Spinalonga electricity project can start. A few days ago, the municipal council of Agios Nikolaos, Crete approved the project as well as the terms of the relevant contract with HEDNO, the operator of electricity transmission networks.