Electricity

EUR 1 billion Crete-Attica interconnection draws bids from major cable construction players

Photo: Ariadne Interconnection

Published

August 7, 2019

Country

Comments

comments icon

0

Share

Published:

August 7, 2019

Country:

Comments:

comments icon

0

Share

Major companies in the cable construction sector have filed binding bids for lots of a EUR 1 billion project to build the Crete-Attica electricity grid interconnection, whose construction is seen as urgent to avert electricity shortages on Greece’s largest island.

Ariadne Interconnection, a special purpose vehicle of Greece’s Independent Power Transmission Operator (IPTO or ADMIE) set up to implement the Crete-Attica interconnection project, has announced the bidders.

Binding offers for different lots of the submarine and underground cable parts and the installation of optical fibers have been filed by Italy’s Prysmian Group; France’s Nexans; Denmark’s NKT in cooperation with Fulgor, a member of Cablel Hellenic Cables Group; and Elletra, a member of France’s Orange.

According to Ariadne Interconnection and IPTO Chairman Manos Manousakis, the contracts for the EUR 1 billion project should be signed by the end of the year.

The project includes two submarine HVDC cables, approximately 328 kilometers long, with a rated power of 1000 MW in bipolar operation

The project includes two submarine HVDC cables, approximately 328 kilometers long, with a rated power of 1000 MW in bipolar operation (2 x 500 MW), from the Megara beach (Attica) to the Korakia beach (Crete), according to Ariadne Interconnection’s website. Its completion is envisaged in 2022.

Crete-Attica
Photo: Ariadne Interconnection

EuroAsia Interconnector, heading a wider EU Project of Common Interest (PCI)-status project to link the Greek, Cypriot, and Israeli grids, is at odds with IPTO for control of the Crete-Athens segment’s development, Energypress wrote.

EuroAsia Interconnector took fresh legal action last week against IPTO and Greek energy regulator RAE

EuroAsia Interconnector took fresh legal action last week against IPTO and Greek energy regulator RAE, the portal wrote.

The Crete-Athens electricity grid interconnection is urgently needed to prevent a looming energy shortage on the island, Greece’s largest. Outdated diesel-fueled power stations operating on the island need to be withdrawn to meet EU environmental regulations, the portal recalled.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

belgrade energy forum bef 2025 energy transition technology turkovic presern Beynio kusljugic

BEF 2025: Technologies for energy transition are here, getting cheaper every day

23 May 2025 - The missing parts are grids and regulations, according to the investors and lenders gathered at Belgrade Energy Forum 2025

depa gas power plant larissa

Greece’s DEPA joins forces with Clavenia to build 792 MW gas power plant

23 May 2025 - The planned gas power plant is expected to be Greece's most efficient combined cycle gas turbine (CCGT) facility, DEPA said

belgrade energy forum bef 2025 western balkans region cooperation

BEF 2025: Regional cooperation can facilitate energy transition, energy security

22 May 2025 - Belgrade Energy Forum featured representatives from the governments of Montenegro, Croatia, Hungary, the Republic of Srpska, and Serbia, and from UNECE

heating plant ljubljana energetika te tol

Slovenia keeps phasing out coal as key heating plant boosts natural gas share to 60%

22 May 2025 - TE-TOL, the main district heating provider in the Slovenian capital, Ljubljana, has taken over a newly built gas-steam unit