Network Innovation Competition - Offshore Cable Repair Vessel – Decision to halt the project
- Content:
- Decision
- Publication date:
- Last updated:
- Company:
- TC Ormonde OFTO Limited
- Topic:
-
Offshore electricity transmission
- Industry sector:
- Offshore Transmission Network
As stipulated by the Project Direction TC Ormonde was required to submit an application to Ofgem in order for the project to progress past the initial design and feasibility study.
This letter outlines the reasons for our decision to halt the project at this stage and return the remaining money to customers.