The Greek Deal.com
ELECTRIC INTERCONNECTION
Greece will become a clean energy bridge from Africa to Europe
The solidarity between Greece, Egypt and Cyprus in the energy sector was confirmed during the 10th Tripartite Summit of the three countries.
High on the trilateral agenda in Egypt - Strong investment interest
The meeting of Kyriakos Mitsotakis with the President of Egypt, Abdel Fattah al-Sisi, and the Cypriot President, Nicos Christodoulides, will focus on energy developments in the Mediterranean and particularly on the Greece-Egypt electricity interconnection project, known as GREGY.
The construction of the electrical interconnection between Crete and Attica is completed
With a time horizon of spring 2025, at the start of the tourist season, the electrical interconnection system between Crete and Attica, the construction of which was completed last week, is expected to come into operation.
The tender for the electricity interconnection between Corinth and Kos begins
With the announcement of the tender for the Corinth-Kos electricity interconnection, IPTO launches a crucial project for the integration of the Dodecanese islands into the continental high-voltage system.
State Grid acquires 20% of Ariadni 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.
Next steps for the major interconnection between Greece and Cyprus
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.
The amendment for the electricity interconnection between Greece and Cyprus was approved
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).
Green light for the high stakes project
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.
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.
All eyes on Mitsotakis - Christodoulides meeting
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.
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.