We inform that on September 18th, 2015 project executor UAB „Elektros inzinerija“ together with the project partner UAB „Modesa“ have successfully finished the project financed by EU structural funds „Performance of Scientific Research and Technology Expansion Activities in order to create smart electrical grid devices“ and manufactured two prototypes of smart electrical grid devices. Produced new devices will allow electrical grid operator to reduce expenses of fault location, will increase reliability of electric power supply, reduce probability of accidents in electrical grid segment, will enable to observe the change of reserve of residual withstand of equipment of electrical grid and forecast the need for repairs and preventive maintenance.We thank all who contributed to implementation of this project.