The companies proposed EUR 79.4 million in justified costs at second European Commission tender, of which EUR 40.5 million will be allocated to the Slovenian and Croatian partners by the European agency INEA, Slovenian distributor ELES has said. ELES is the coordinator of the Croatian-Slovenian smart grid project SINCRO.GRID.
The project involves ELES, Croatia's transmission system operator HOPS, Croatia's distribution network HEP – ODS and Slovenia's SODO.
This is the first smart grid project to be co-financed from the Connecting European Facility fund, ELES said.