en.Wedoany.com Reported - Croatian power equipment company Končar has recently signed a contract with Swedish transmission system operator Svenska Kraftnät to construct the new CT186 Munga substation on a turnkey basis. The project is valued at 257.8 million Swedish krona, approximately 24 million euros.

This contract surpasses the PT 46 Munksund substation agreement Končar signed with Swedish company Vattenfall in March 2025, which was valued at 202.5 million Swedish krona (approx. 18.4 million euros). The new contract becomes Končar's largest substation construction project to date.

Končar has been operating in the Swedish market for many years, involved in transformer supply and substation construction/renovation. Through this project, the company further expands its business scope in Sweden. In 2023, Končar – Inženjering signed two contracts with Svenska Kraftnät with a total value of 20 million euros, including the expansion of the 220 kV substation in Linnvasselv and the renovation of seven 220 kV substations near Stockholm.

Furthermore, in late March this year, Končar also signed a contract with Czech company Litostroj Engineering to supply new generators and a monitoring system for the modernization project of the Orlík Hydropower Plant. The total contract value is 46.9 million euros, with a target completion date of 2033.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com