EXTRACTS FROM THE MINUTES
OF THE 1st/12.1.2017 MEETING OF THE BOARD OF DIRECTORS


Subject: Tender No. ΔΔ (Network Department) -207/21.10.2015 for the implementation of the below Project: "Pilot Telemetering and Management System for the Electric Power Supply Demand by Residential and Small Commercial Consumers and Implementation of Smart Grids."
Appeal submitted by ΟΤΕ-INTRAKAT-INTRASOFT INTERNATIONAL for preliminary review procedures of the financial evaluation report on the above tender.

The Board of Directors decided to dismiss the appeal submitted by OTE-INTRAKAT-INTRASOFT INTERNATIONAL for preliminary review procedures of the financial evaluation report on tender no. ΔΔ (Network Department) -207/21.10.2015 for the purpose of appointing a contractor to implement the below Project: "Pilot Telemetering and Management System for the Electric Power Supply Demand by Residential and Small Commercial Consumers and Implementation of Smart Grids."

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Subject: Tender No. 513501/29.3.2016 for the sale of Cu concentric cables.
Review of objection lodged by KONSTANTINIDIS BROS S.A. (ΑΦΟΙ ΚΩΝΣΤΑΝΤΙΝΙΔΗ Α.Β.Ε.Ε) against the decision of the Board of Directors no. 644/8.9.2016 on cancellation of sale of items 1, 4 and 6 of the above tender.

The Board of Directors approved dismissal of objection lodged by KONSTANTINIDIS BROS S.A. (ΑΦΟΙ ΚΩΝΣΤΑΝΤΙΝΙΔΗ Α.Β.Ε.Ε), because HEDNO S.A. is entitled to cancel part or the entire tendered quantity (i.e., the sale of on or all items listed in the tender) should it consider that the resulting outcome is not a satisfactory one.

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Subject: Tender No. 507401/21.1.2015 for the supply of 630kVA outdoor compact distribution substations without transformers, 24kV fuses and M.V. units.
Validation of results of the aforementioned tender and assignment of the respective supply.

The Board of Directors granted validation of results of the tender No. 507401/21.1.2015 and assigned supply of 630 kVA outdoor compact distribution substations, without transformers, 24kV fuses and M.V. units to the lowest bidder, STALKO S.A. (ΣΤΑΛΚΟ Α.Β.Ε.), for a total fixed price of 1,021,450.00 euro (plus V.A.T.), or the delivery of the material to the specific HEDNO S.A. Regional Depots, to be transported by supplier's vehicle.

The above assignment is executed in line with the terms governing the Call for tender No. 507401/21.1.2015, the offer submitted by above Company and related communications.

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