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

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) […]

Greece launches international tender for Crete power link project

Greece’s power grid operator ADMIE has launched an international open tender for a project linking the island of Crete to the mainland grid via undersea cables. The power link is expected to be finalized by 2020. Giorgos Stathakis, the energy minister, announced that this tender, via an e-auction, will be awarded to the “most economically […]

Terna eyes value of Admie’s submarine cable project

Terna Group, one of three investors interested in acquiring a stake in Independent Power Transmission Operator SA (IPTO or Admie), is focusing on the undersea interconnection planned to link Crete with the Greek mainland, Energy Press portal reported. National utility Public Power Corporation SA (PPC) is offering a share of 24% in its subsidiary, with […]

Electricity September 11, 2016