News & events

2017 august 31

The conditions for Baltic power system isolated operation test assessed

One of the most important preparation steps towards synchronisation – the Baltic power system isolated operation test will take place in 2019. This August, the study determining technical conditions for the test as well as preparatory measures, was completed.
2017 august 25

Litgrid Group‘s Results for the First Six Months of 2017

During the first six months of the year, Litgrid Group has retained sustainable financial results. Income from core activities was increasing, and both the return on equity ratio and the return on assets ratio were improving.
2017 august 17

Litgrid will hold an Investor Conference Webinar to introduce the financial results for first-half year of 2017

Litgrid invites shareholders, investors, analysts and other stakeholders to join its investor conference webinar scheduled on 25 August, 2017 at 10 am (EET). The presentation will be held in English.
2017 august 10

Public consultation on the proposal for capacity calculation methodology in the Baltic capacity calculation region

The consultation is open from 11th of August to 11th of September 2017.
2017 august 9

An internal check at Litgrid initiated due to the conclusions presented by the Public Procurement Office

With regard to the letter of the Public Procurement Office received on 3 August 2017, the Lithuanian electricity transmission system operator Litgrid set up a commission for analysing the conclusions presented by the Office with respect to the public tender for the construction of the 110 kV transmission line Kretinga-Benaičiai wind power plant transformer substation.  
2017 august 7

Lietuvos Energija and Litgrid Signed a Duomenų Logistikos Centras Sale Agreement with Telia Lietuva

Shareholders of Duomenų Logistikos Centras, Lietuvos energija and Litgrid, signed a share sale - purchase agreement with Telia Lietuva.
2017 july 13

The key projects in Ten-Year Network Development Plan focus on the integration into Europe

In the updated Ten-Year Network Development Plan, electricity transmission system operator Litgrid has estimated that in 2017–2026, EUR 400 million – or two thirds of all planned network investments – will be required for synchronisation with the grid of Continental Europe. Total investment into the transmission network will amount to approximately EUR 643 million. 
2017 july 13

Electricity system management to depend on consumers’ needs in future

Electricity consumers can contribute to a more effective management of the electricity system and better exploit possibilities provided by the electricity market. A feasibility study is being carried out to determine the potential of demand side response in Lithuania. 
2017 june 22

Construction of Alytus–Kruonis power line gathering pace

The cable stringing operation has begun as part of building a new overhead power transmission line to connect the Alytus transformer substation with the Kruonis Pumped Storage Power Plant (PSPP). All power line’s construction works are scheduled to be completed by the end of this year.
2017 june 14

Litgrid‘s results for 2017 Q1: sustainable growth and value for society

Strategic power links projects with Sweden and Poland not only contribute to enhancing business opportunities in the region, but have provided the national economy with benefits of EUR 31 million in 2016.
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