EXTRACTS OF MINUTES

OF THE 11th/15.4.2020 MEETING OF THE BOARD OF DIRECTORS

Item:  Approval of the Annual Report for Fiscal Year 2019.

The Board of Directors approved the HEDNO S.A. Annual Report for the period between 01.01.2019 and 31.12.2019, drawn up in compliance with the International Financial Reporting Standards, and comprising:

  1. the Financial Statements including:
  • Annual Accounts statement
  • Total Income Statement
  • Financial Position Statement
  • Changes in Equity Statement
  • Cash Flow Statement
  1. Notes accompanying the aforementioned financial statements and being an integral part thereof.
  2. Additional Accounting Financial Statements (as appendix to the Financial Statements) for the same period including Balance Sheets and Profit & Loss Reports for the following three (3) activities: a) Network Management b)Non-interconnected Islands Electrical Systems Management and c) Other Activities
  3. the BoD Report.

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Item:  Tender No. 507806/22.03.2019 for the supply of Remote Terminal Units (RTU).

The above tender has been canceled.

The Board of Directors approved the cancellation of tender No. 507806/22.3.2019 for the supply of Remote Terminal Units (RTU), as all submitted bids were found inadmissible and the tender was declared unsuccessful.

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Item:  Tender No. 503706/30.1.2018 for the procurement of 5kA metal oxide surge arresters without gaps with composite housing for 20kV distribution networks. 

Validation of the results of the aforementioned tender, and appointment of provisional contractor for the award of said supply.

The Board of Directors approved the validation of results and the appointment of the economic operator “ENIA S.A.” as provisional contractor for tender No. 503706/30.1.2018 for the supply of 48,000 pieces of 5kV metal oxide surge arresters without gaps with composite housing for 20kV distribution networks for a total price of EUR 1,814,400.00 (plus VAT), plus type tests costs of EUR 50,300.00.

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Item:  Tender No. 501922/22.11.2019 for the supply of 5,000 pieces of impregnated wooden poles, with water-soluble preservatives.

           Validation of the results of the aforementioned tender, and appointment of provisional contractors for the award of said supply.

The Board of Directors approved the validation of the results of the evaluation of the “Financial Bid” sub-files of tender No. 501922/22.11.2019 for the supply of 5,000 pieces of impregnated wooden poles with water-soluble preservatives and the appointment as provisional contractors for said tender of the following economic operators:

  •  ISAAKIDIS MICHAEL, for a quantity of 4,465 pieces of impregnated wooden poles with water-soluble preservatives of various types for a total price of EUR 1,095,027.00 (plus VAT).

 

  • EMPORIADIS SINGLE-MEMBER PRIVATE COMPANY, with the distinctive title “BIONRGWOOD”, for a quantity of 535 pieces of impregnated wooden poles with water-soluble preservatives of various types, for a total price of EUR 185,590.00 (plus VAT).

The total value of the aforementioned quantities amounts to EUR 1,280,617.00 (plus VAT).

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Topic: Agreements No. ΔΔ-209/2181101/3.10.2018, ΔΔ-209/2181102/3.10.2018 and ΔΔ-209/2181103/3.10.2018 with the company “OMADA KATASKEUON S.A.” for the implementation of the following Projects: “Area of Athens Networks”, “Area of Piraeus Networks” and “Area of Kallithea Networks” respectively.

Approval of partial replacement of the company “OMADA KATASKEUON S.A.” regarding the implementation of the Projects listed on the above-mentioned Agreements.

The Board of Directors approved the partial replacement of the company “OMADA KATASKEUON S.A.”, which is the contractor for the Projects “Area of Athens Networks”, “Area of Piraeus Networks” and “Area of Kallithea Networks” with Agreements No. 2181101, 2181102 and 2181103/03.10.2018 respectively, by the company “PYRAMIS ATE” and that each company is responsible towards HEDNO S.A. fully and jointly, indivisibly and in whole for the full implementation of the Agreements.

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