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IPTO
State Grid's offer of €62 million for the 20% stake in Ariadni Interconnection
The amount of the improved offer in the tender for the sale of 20% of Ariadni Interconnection to State Grid amounted to €62 million, ADMIE announced today (Friday).
Revenue up 27.4% in the first half of the year - €37.6 million
IPTO HOLDINGS S.A. records an increase in profits and revenues in the first half of the year.
Political agreement between Mitsotakis and Christodoulides
The open issues for the electricity interconnection project between Greece and Cyprus were discussed yesterday between the President of the Republic of Cyprus, Nicos Christodoulides, and the Prime Minister, Kyriakos Mitsotakis, in a meeting at the Maximou Mansion, where they reaffirmed the interest and political commitment of Cyprus and Greece for the implementation of the Great Sea Interconnector.
Green light from Cyprus for the electricity interconnection with Greece
Yesterday, the Cypriot cabinet gave the go-ahead for the €1.9 billion project for the energy interconnection between Greece and Cyprus to move forward with the agreement with the Greek government and IPTO.
Everything points out to a deal with Cyprus for the electrical interconnection
Last minute consultations of the Greek and Cypriot sides on the major issue of the electrical interconnection between the two countries, a project for the implementation of which Tel-Aviv has clearly positioned itself in favour of, as it includes the prospect of (co)connecting Israel to the Great Sea Interconnector.
Crete - Cyprus interconnection thriller extended
Yesterday's meeting on the progress of the electricity interconnection between Crete and Cyprus, which started at 15.45 in Nicosia and was interrupted after five hours to continue over the next few days, was concluded without any white smoke.
Studies for the electricity interconnection with Saudi Arabia begin
The President and CEO of IPTO, Mr. Manos Manousakis, and the Vice President and General Manager of Technology, System Development, and Strategy, Mr. Ioannis Margaris, focused on the critical role of international interconnections for the energy transition of Greece and Europe during their presentations at the 2nd European Regional Dialogue for the Middle East and North Africa (MEFED 2024), held in Thessaloniki.
International interconnections and the fortcoming projects
The central theme of this year's TIF was the major international interconnection projects that IPTO is implementing and developing, with a focus on Greece, on each side of the borders, contributing to the national strategy for the country's emergence as a strong exporter of green energy in the coming years.
Crucial decisions for Greece-Cyprus postponed for next week
Despite last Monday's agreement in principle for the completion of regulatory issues on the Cypriot side that would unlock the next steps for the electrical interconnection of the two countries, the crucial decisions are finally postponed until next week, continuing the thriller of the Great Sea Interconnector.
Greek - Cypriot agreement in principle for Great Sea Interconnector
An agreement in principle between the Greek and Cypriot sides for the promotion of the necessary steps that will unlock the implementation of the Great Sea Interconnector was reached in the negotiations of all stakeholders. recently.
€4.9 million tender for the facilities at the Ag. Stefanos substation
IPTO is proceeding with a tender with a budget of €4.95 million for facilities at the Agios Stefanos substation.