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Prysmian: wins new power cable deal near Venice.

(CercleFinance.com) - Prysmian has won a contract worth around 20 million euros for submarine power links in the Venice area, the Italian cable maker said in a statement on Tuesday.


Italian power grid operator Terna Rete Italia has confirmed a series of additional works - originally included as an option - to be added to the Venetian Lagoon submarine power cable links project.

Prysmian said that it had already built the previous high voltage submarine cable link connecting Venice, Murano and Mestre.

The project includes a 6 km link, made up of HVAC 132kV cables, which will be produced in the Arco Felice plant, near Naples. It is scheduled for commissioning in 2018.

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