ELECTRIC INTERCONNECTION
The Board of Directors of ADMIE confirmed the disposal of a 20% stake in the subsidiary Ariadni Interconnection to State Grid International Development Belgium Ltd, which had submitted a binding, improved offer in the relevant tender.
17/10/24 • 16:02
The Greek and Cypriot Regulatory Authorities have reached a joint decision to share 50%–50% of the geopolitical risk for the major electricity interconnection between Greece and Cyprus.
02/10/24 • 08:40
The Greek State will be responsible for 13% of any potential delays or cancellations of the Cyprus-Crete electricity interconnection project that result from external factors beyond the control, responsibility, and fault of the implementing entity and/or its contracted suppliers and contractors (geopolitical risk).
27/09/24 • 08:49
An end to the ongoing thriller for the implementation of the major project of the electrical interconnection between Greece and Cyprus was put to an end with the signing of the Athens-Lekosia interstate agreement that closes the open issues.
23/09/24 • 08:47
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.
20/09/24 • 08:31
The open issues that are still outstanding are a concern for the project's implementation, despite the initial optimism that the Cypriot Council of Ministers gave the project the go-ahead. All eyes are now on the meeting between the Cypriot President, Nikos Christodoulides, and the Prime Minister, Kyriakos Mitsotakis, in Athens.
19/09/24 • 08:47
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.
18/09/24 • 08:31
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.
10/09/24 • 08:48
Greece, Romania, and Bulgaria are taking the initiative to mobilise Europe to reduce energy prices, announced today the Minister of Environment and Energy, Theo Skylakakis, speaking to a radio station.
09/09/24 • 16:13
Theodoros Skylakakis, the Minister of Environment and Energy, made a series of announcements pertaining to very important matters affecting Rhodes and the Dodecanese in general, the primary one being the electrical connection to the mainland.
10/07/24 • 08:54