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PRYSMIAN GROUP | DIRECTORS’ REPORT
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connect the Guangdong and Hainan power grids. One of the island's key customers to benefit from the extra
power will be a 1300 MW nuclear power plant being built in Changjiang county.
All cables will be produced at the Arco Felice plant (Naples, Italy), while installation will be performed by the
Group's cable-laying ship, the "Giulio Verne". Delivery and commissioning are scheduled during the first
quarter of 2019.
On 6 November, Prysmian Group secured an order worth a total of around Euro 16 million for
power
transmission and distribution cabling of an onshore wind farm
in the Niagara river region of North
America. The contract was awarded by NCS International Inc. for the MV power and fibre optic cables, and
by Eptcon Ltd for the HV cables. The Group will supply 25 km of 138 kV HV underground cables with
aluminium conductor and XLPE insulation, and 650 km of 35 kV MV cables to interconnect the wind farm to
the Hydro One Networks grid. Prysmian will also supply the HV outdoor terminations and Click Fit® jointing
systems, as well as direct-burial fibre optic cables. The MV and HV cables will be manufactured at the
Prysmian plants in Prescott, Ontario (Canada) and Abbeville, South Carolina (USA), while the optical fibre
will be produced at the Claremont plant in North Carolina (USA).
In December, Prysmian won a contract to supply a new high voltage cable system to Oman Electricity
Transmission Company as part of a larger overall project known as OETC 143/2014 – 132 kV. The purpose
of the new cable system is to bolster the power supply to the city of Salalah. Prysmian will be responsible for
the design, engineering and production of an
HV underground transmission cable
between the
substations of Saada and Lilo, requiring 85 km of 132 kV XLPE insulated cable. The project will be
completed by the end of June 2016.
With regard to the
Energy Products
operating segment, the Prysmian Group signed an agreement on 1
September to supply Fincantieri with 3,100 km of low voltage sheathed fire-resistant cables for marine use.
The cables, with an order value of more than Euro 6 million, will be used in the new Regent Seven Seas
Explorer C 6250 and Regent Seven Seas Explorer C 6226 cruise ships being built at the Sestri Ponente
shipyard (Genoa, Italy) between 2015 and 2016. This major contract marks the Prysmian Group's official
resumption of its partnership with Fincantieri for the supply of cables for both naval and marine passenger
vessels.
With regard to the
Telecom
operating segment, the Group made several important investments over the
course of the year. In particular, early in October 2015, the Group announced it would be building new
optical cable manufacturing facilities within Slatina's new Industrial Park; the new facilities will be capable of
producing a full range of new-generation optical fibre cables to support the most advanced applications and
usages by public and private, national and international operators, having obtained all the required quality
certifications. Phase one of the project is due to reach completion by 2017. By the end of the project, the
new plant will have also created 300 permanent jobs.