With an increase in new connections and distributed volumes, investments which reach 6.5 million euros and net profit (EAT) to 14.1 million euros, the first quarter of the year for EDA THESS.
A meeting was held at the City Hall of Farkadona between the Minister of Environment and Energy, Mr. Konstantinos Skrekas, the Mayor of Farkadona, Mr. Spyridonas Agnantis and the General Manager of EDA THESS, Mr. Leonidas Bakouras.
Thousands of low-income families throughout Thessaly are part of the pioneering Program for the replacement of oil heating systems by natural gas systems. The Grant Program is implemented in the framework of the NSRF 2014 - 2020 of Thessaly Region and the NSRF staff structure of the Ministry of Environment and Energy, with a budget of € 6.12 million and with EDA THESS having the role of competent body for the Receipt and Control of applications, the certification process, and the payment of the grant.
The main features of EDA THESS’ development program are the increased penetration of natural gas by the network’s expansion and the implementation of reduced tariffs for consumers combined with increased returns for the shareholders, as referred by the General Manager of the Company, Leonidas Bakouras, in his interview on energypress.
The contract for the connection of the Canning Industry ELBAK SA with EDA THESS natural gas distribution network was signed on 05/03/21. Additional 2.300.000 Nm3 of natural gas will be annually distributed by EDA THESS, as the production activity demand of the industry is particularly high. According to its strategic planning, EDA THESS broadens the penetration of natural gas in even more industries of high energy demand, offering economic and environmental benefits.
In the difficult conditions of the pandemic, the Gas Distribution Company of Thessaloniki - Thessaly, not only increased the figures of its balance sheet but also reduced burdens from businesses and households.
EDA THESS, following the occurrence of a 6.0R intensity earthquake centered 16 km southwest of Elassona, immediately increased the readiness of all its personnel in the wider area of the Region of Thessaly and carries out inspections throughout the natural gas distribution network. No problems in the distribution network and the supply of consumers have been identified by the inspections carried out so far.
The results of EDA THESS for the fiscal year 2020, were approved by the BoD of the Company, following a decision taken at yesterday’s meeting.
The contracts of industries KLIAFAS SA & MOKIAS G. & CO OE with EDA THESS natural gas distribution network were signed in the area of Trikala region of Thessaly.
Exalco SA, one of the largest aluminum industries in Greece, seeks the continuous development and progress of the services provided.