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Tesmec Group has been awarded a 15 million euro contract with Terna Rete Italia

Tesmec S.p.A. announces the signature, via its subsidiary Tesmec Automation S.r.l., of a contract with a total value of Euro 15 million (Euro 10 million plus Euro 5 million in option) with Terna Rete Italia S.p.A. for the supply and installation of NTG Substation Automation System - National Transmission Grid - "SAS 2021". In detail, the Group will provide several protection, control and monitoring systems for high voltage substations. 

Carlo Caccia Dominioni, Energy Automation BU Director, commented as follow: “This important result confirms the validity of the path we have chosen and places Tesmec among the top players of the Energy Automation field. We therefore believe that this project can have important impacts on the growth of our business both in Italy, where we are already a key partner for the main utilities, and on foreign markets, where the growth potential of these technologies has still to be developed.”