PGE with 12,1 bilion PLN for infrastructure investments

Polska Grupa Energetyczna (PGE) has signed two loan agreements with Bank Gospodarstwa Krajowego as part of the National Recovery Plan (KPO), with a limit of approximately PLN 12.1 billion.

According to the company, nearly PLN 9.521 billion of the total PLN 12.1 billion will be allocated to financing projects carried out by PGE Dystrybucja, while approximately PLN 2.566 billion will be directed to projects implemented by PGE Energetyka Kolejowa.

PGE Energetyka Kolejowa is implementing a power supply system modernization program (MUZa). The funds obtained from the National Reconstruction Plan (KPO) will also be used to continue investments within this program. By 2035, PGE EK plans to invest approximately PLN 13 billion in the electricity distribution sector, with PLN 6.7 billion earmarked for the period up to 2031. These funds will be allocated for connecting new consumers, and renewable energy sources, and expanding and modernizing the network infrastructure.

As part of these investments, the following will be built and modernized over the next 6 years: 145 traction substations, 26 sectional cabins, 10 high/medium voltage power stations, 272 medium/low voltage power stations, approximately 550 km of power lines, and about 700 km of overhead power lines will be cabled, which will increase the network cabling ratio at PGE EK to 53%.

These completed investments will increase the speed of modern trains, improve the capacity of railway lines, and allow for more trains to use the railway infrastructure simultaneously. Modernizing the power supply system will also reduce the risk of failures and power outages, improving the safety of railway operations. This will enhance the quality of railway services, making rail transport more competitive compared to other forms of transport.

On the other hand, PGE Dystrybucja, to meet the growing demand for energy and increase delivery reliability, plans intensive network infrastructure development by 2035. The company will allocate approximately PLN 62 billion for this purpose.

By 2031, investments will include building new lines and stations, which will increase capacity and improve energy supply quality for customers. Among these investments, PGE Dystrybucja will construct 36 km of high-voltage lines, 1,337 km of medium-voltage lines, 4,631 km of low-voltage lines, 10 high/medium-voltage stations, 35 high/medium-voltage transformers of various capacities, 3,093 medium/low-voltage stations, and 6,850 medium/low-voltage transformers.

In parallel with new investments, the key goal is the modernization of existing infrastructure. Upgrading lines, stations, and transformers will improve the efficiency of the power system, reduce failures, and prepare the network for future challenges related to energy transition. The key modernizations will cover: 2,488 km of high-voltage lines, 11,810 km of medium-voltage lines, 10,968 km of low-voltage lines, 643 high/medium-voltage stations, 85 high/medium-voltage transformers of various capacities, 4,418 medium/low-voltage stations, and 9,193 medium/low-voltage transformers.

Source: https://www.gkpge.pl/grupa-pge/dla-mediow/komunikaty-prasowe