Electricity

EuroAsia Interconnector secures land permit for HVDC converter station

Photo: EuroAsia Interconnector

Published

June 21, 2018

Country

Comments

comments icon

0

Share

Published:

June 21, 2018

Country:

Comments:

comments icon

0

Share

The Republic of Cyprus has issued a notice for the expropriation of land for the HVDC converter station of the EuroAsia Interconnector. The 2,000 MW and 1,518km subsea cable, which will connect the electricity grids of Cyprus, Israel, Crete and Attica in Greece, has been declared a European Union Project of Common Interest (PCI).

According to the EuroAsia Interconnector project developer, the Government of Cyprus issued an expropriation order and description of the land site for the converter station located near Kophinou, saying “this was necessary for the purpose of the public good, being for the promotion and development of energy.”

The government decree concluded that as no objections were submitted within the predetermined timeframe, the Minister of Energy, Commerce, Industry, and Tourism ordered the expropriation of the property which will be leased to the project promoter.

The construction of the cable will take place in three phases (Cyprus-Israel, Crete-Attica, Cyprus-Crete). The total value of the 1,000 MW first stage of the project is EUR 3.5 billion while the construction of the Crete-Attica interconnection is planned for December 2020 and for both the Cyprus-Israel and Cyprus-Crete interconnections for 2021, the EuroAsia Interconnector project developer said in a press release.

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

serbia edf preliminar technical study nuclear energy edf

Serbia to finalize all studies needed for nuclear program decision by mid-2027

14 March 2026 - The Ministry of Mining and Energy has organized a presentation of a preliminary technical study on the peaceful use of nuclear energy

Serbian oil company NIS installs 6 8 MW solar power plant

Serbian oil company NIS installs 6.8 MW solar power plant

13 March 2026 - Gazprom-owned Serbian oil refiner and service station chain NIS commissioned its ground-mounted 6.8 MW solar power plant. It is one of the biggest in the country.

croatia cropex slovenia market power exchange

CROPEX expands into Slovenian electricity market

13 March 2026 - The move marks the first time the Croatian Power Exchange will operate outside Croatia, according to CROPEX CEO Ante Mikulić

montenegro loan power line ebrd asanovic bowman

CGES to invest EUR 15 million in BiH-Montenegro-Albania power line

13 March 2026 - Montenegro's TSO Crnogorski Elektroprenosni Sistem plans to invest EUR 200 million over the next five years