Eltel’s Power business wins new gas adjustment contracts with utilities in Germany
Eltel has won three new contracts with gas utilities in Germany for the time period 2017–2022. The contracts with Avacon GmbH and BS Netz GmbH comprise gas installation adjustments to change the natural gas type for private households. The third contract with EWE NETZ GmbH is related to manual meter readings of gas, electricity and water consumption. The total value of the contracts is estimated to be approximately ten million euros.Due to the lower supply of L gas, Germany has started a programme to change the gas type used by households to H gas. Eltel’s scope ranges from project