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TED - Tenders Electronic Daily (Publications Office of the EU) verified 8 hours ago Contract notice

Finland - Construction work - West Coast Synchronous Compensator Stations 2 and 3

Open Finland Länsi-Suomi Construction work

Buyer Fingrid Oyj

Key facts

Published
Competition
Open race
  1. Published

TED - Tenders Electronic Daily (Publications Office of the EU) does not publish a closing date for this notice. See the official notice

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The Aperlena Verdict

Open race

No supplier dominates: 7 different companies have won the last 10 comparable contracts from this buyer over 5 years. This is a genuinely open race.

Based on 10 comparable awards by this buyer in this sector over 5 years. Every verdict is recorded before the outcome and graded against the award notice. How we score ourselves.

Summary

Machine-generated summary

Fingrid Oyj, the Finnish transmission system operator, is launching a prequalification to find capable turnkey suppliers for two synchronous condenser stations on the west coast of Finland, to be built at the Hirvisuo and Arkkukallio substations and connected to new 110 kV feeder bays. The turnkey delivery covers design, engineering, fabrication, delivery, civil works, erection, installation, testing, commissioning, field verification and documentation for fully functioning systems. The first unit should be ready for commissioning by the end of 2030 and the second by the end of 2031. Prequalification runs from December 2025 to February 2026, with supplier selection in March 2026, negotiations in spring 2026 and contract signing planned between August and September 2026.

Description

Fingrid Oyj, the Finnish national transmission system operator, is initiating a procurement process for two synchronous condenser stations as a turnkey basis in West Coast Finland. With this prequalification (short PQ) Fingrid is looking for capable and interested turnkey suppliers of these two synchronous condenser stations. The locations of new synchronous compensator stations are Hirvisuo substation and Arkkukallio substation. The preliminary scope of supply and the main rating can be found in the appendices of the PQ. Synchronous condenser stations will be connected to a new 110 kV feeder bays. According to the preliminary time schedule, first synchronous condenser should be ready for commissioning end of 2030 and second unit for end 2031. The other unit time schedule will be agreed based on made procurement negotiations. The turn key delivery shall include, however not limited to, all designs, engineering, fabrication, delivery, civil works, erection, installation, testing, commissioning, field verification and documentation etc. needed for fully functioning systems. Preliminary procurement schedule is as following: - 12/2025...02/2026 - Prequalification for capable and interested turnkey suppliers - 03/2026 - Supplier selection - 03...04/2026 Call for preliminary technical tenders - 04...06/2026 - Negotiations rounds - 07/2026 - Final call for tenders - 08...09/2026 - Tender evaluation and contract signing Fingrid will send the tender documents, including more detailed information on the scope and contents of the contract, schedule, specifications, requirements, award criteria etc., only to the qualified tenderers, tentatively at the beginning of March 2026. The exact date will be informed later. Technical details and exact scope of supply will be optimized based on negotiations.

Official source

Source: TED - Tenders Electronic Daily (Publications Office of the EU)

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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 8 hours ago

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What this buyer has paid before

Based on 10 comparable contracts this buyer awarded in this sector over the last 4 years.

Median award
€15.8M
Middle half of past awards
€8.1M to €32.1M

TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it has no mark on the scale. The official documents may state one.

Most recent awards

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

The buyer

Full buyer profile

Fingrid Oyj

Finland

notices in the register
89
awards
47
awarded in total
€417.4M

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Who usually wins this buyer's contracts in this sector

Company Wins Total awarded Last win
LEONHARD WEISS OÜ 3 €110.2M Aug 2026
Caverion Suomi Oy 2 €29.5M Mar 2026
Eltel Networks Oy 1 €34.1M Jun 2026
Infratek Finland Oy 1 €10.7M Aug 2026
Siemens Energy Oy 1 €8.0M Dec 2025

Based on 10 awards with a linked company profile over the last 5 years.

39 open tenders right now

Market context

TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it cannot be placed among the open notices of its sector. The official documents may state one.

open now in Construction work
28,757
median open notice
€826,446

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