As stated by the EIB, the project concerns the roll-out of smart meters from 2023 to 2026. The operation will finance the first phase of HEDNO's country-wide smart metering roll-out, expected to be completed in 2030.
The aim is to reduce non-technical losses, enable remote operations related to end customers, improve demand forecasting, improve awareness on electricity consumption and support energy efficiency policies. Additionally, it will enable the implementation of new services, such as demand side management, increase observability of the low voltage distribution network, improve service quality, facilitate the energy market as well as contribute to reduce various operating costs.
As stated on the company's website, HEDNO S.A. (Hellenic Electricity Distribution Network Operator S.A.) was formed by the separation of the Distribution Department from PPC S.A., according to L.4001/2011 and in compliance with 2009/72/EC EU Directive relative to the electricity market organization with the goal to undertake the tasks of the Hellenic Electricity Distribution Network Operator. Today, 51% of the Company's share capital is owned by PPC S.A. and 49% by Macquarie Asset Management.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|Macquarie Grp Ltd||Investor||Finance||invests in||Hellenic Electricity Distribution Network Operator SA||Client||Energy|
|PPC SA||Parent Company||Energy||owns||Hellenic Electricity Distribution Network Operator SA||Client||Energy|
No project contacts available at the time of disclosure.
Client - Hellenic Electricity Distribution Network Operator SA:
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