Fingrid Oyj is planning to purchase a 300 Mvar STATCOM to Kristinestad substation as a turnkey contract. The substation is located in Kristiinankaupunki in western Finland.The scope includes a STATCOM with control and protection systems, a transformer and other primary equipment and necessary civil and construction works. The scope may be extended to cover another similar STATCOM or another STATCOM may be...

Fingrid Oyj is planning to purchase a 300 Mvar STATCOM to Kristinestad substation as a turnkey contract. The substation is located in Kristiinankaupunki in western Finland.The scope includes a STATCOM with control and protection systems, a transformer and other primary equipment and necessary civil and construction works. The scope may be extended to cover another similar STATCOM or another STATCOM may be inquired as an option.Intended project delivery time for Kristinestad STATCOM is July 2024-July 2027.Procurement will be done according to Finnish legislation concerning public procurements in energy sector (in particular, the Act on Public Procurement concerning Units Operating within the field of Water and Energy Service as well as Traffic and Postal Service (1398/2016)). The procurement method is a negotiating method.Fingrid will announce a notice in the EU Official paper for public procurement declaring prequalification stage opened and requesting interested contractors to apply for prequalification. After receiving these applications from interested companies Fingrid will select the candidates based on the selection criteria set out and invite accepted companies to submit the tenders. The Tenderers that have sent the tenders meeting the set minimum criteria will be invited to negotiations and to submit final tenders.The invitation to submit tenders will include more detailed information on the scope and contents of the contract, specifications, requirements, award criteria etc. and it will be sent only to the qualified tenderers, tentatively in January 2024. Fingrid reserves the right to reject all the tenders.

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