Electricity

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

Photo: Ariadne Interconnection

Published

August 7, 2019

Country

Comments

0

Share

Published:

August 7, 2019

Country:

Comments:

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 Outdated diesel-fueled power stations operating on the island need to be withdrawn to meet EU environmental regulations, the portal recalled.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

Montenegro, Republic of Srpska to set up expert team to assess impact of HPP Buk Bijela on Tara river

Montenegro, Republic of Srpska to set up expert team to assess impact of HPP Buk Bijela on Tara river

26 July 2021 - The two sides have agreed to form an expert team of seven members, whose task will be to review the project documentation.

EPCG-dividends

EPCG to pay EUR 30.8 million in dividends

23 July 2021 - Montenegrin state power utility EPCG has decided to pay EUR 30.8 million in dividends to shareholders from retained earnings.

green-energy-AoG-Greece-aluminum

Greece’s biggest power consumer AoG to switch entirely to green energy from 2030

23 July 2021 - Aluminum of Greece (AoG), the country’s biggest electricity consumer, plans to switch entirely to green energy from 2030, as it signs its last electricity supply deal with Public Power Corporation.

coric-croatia-new-unit-nuclear-power-plant

Croatia willing to help build new unit of Slovenia’s nuclear power plant Krško

22 July 2021 - Croatia will express its interest in being a partner in the construction of a new unit of Slovenia's nuclear power plant Krško, says Tomislav Ćorić.