Poland Plans to Spend 9.9 Billion Zloty on Power Grid Upgrade

PSE Operator SA, Poland’s power grid operator, plans to spend 9.9 billion zloty ($3.1 billion) in the next five years building power lines and upgrading the national electricity transmission network.

The supervisory board of the Konstancin-Jeziorna-based company approved its investment plan that includes building almost 5,000 kilometers (3,100 miles) of power lines and upgrading 2,000 existing ones, PSE Operator said today in an e- mail.

The investments include laying cables to connect new power sources to the grid as well as building cross-border lines with neighboring countries.

PSE Operator plans to build a link with the Lithuanian network, to allow Poland to import 500 megawatts of power by 2015. The cable will in part be financed by the European Union as the connection is among strategic projects aiming at linking the 27-nation bloc’s energy markets. By 2020, the grid manager is planning to build additional links with Germany.

To contact the reporter on this story: Marek Strzelecki in Warsaw at mstrzelecki1@bloomberg.net

To contact the editor responsible for this story: Wojciech Moskwa at wmoskwa@bloomberg.net

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