Tokyo based Toshiba Corporation recently announced that Toshiba and Toshiba T&D Europe S.p.A. (TTDE), a subsidiary located in Genoa, Italy have won an Engineering, Procurement and Construction (EPC) contract for a High Voltage and Direct Current (HVDC) power conversion system for an undersea power transmission line between Cepagatti, Italy, and Kotor, Montenegro. The project will deliver a maximum 1,000MW of power to Cepagatti and will contribute to the integration of the Southeastern Europe and EU power grids. Toshiba will initiate construction of the project in September 2013 and start delivery of equipment in April 2015. Conversion stations along the route are expected to start operation in September 2017.
Toshiba won the contract in cooperation with TTDE, the former Ansaldo Transmissione & Distribuzione S.p.A., an Italian transmission and distribution (T&D) engineering firm that Toshiba acquired in March 2011 and renamed in March this year.