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Greek grid operator ADMIE has selected Prysmian and Nexans to build two undersea cables as part of a 915 million euro ($1.
01 billion) project to connect Crete with mainland Greece
, the Hellenic Power Grid Corp said Friday.
Ariadne Interconnection, the ADMIE unit in charge of the project, also selected Hellenic Cables and NKT to build onshore cables to connect converter stations in Athens and Crete to submarine cables
, grid operators said.
According to the original plan, the cable would connect the main networks of Cyprus, Israel and Greece, but due to ownership issues, the plan was delayed
.
At present, the Greek side has made relevant progress
.
The construction of the cable is critical to obtaining safe, stable and sufficient electricity for Crete, which now relies on polluting oil to generate electricity
.
Construction of the cable is expected to begin next year so that it can be put into operation
in 2022.
A second tender for the construction of two converter stations and a substation is expected to be completed by the end of this year, with contracts likely to be signed
in February, ADMIE said.
Greek grid operator ADMIE has selected Prysmian and Nexans to build two undersea cables as part of a 915 million euro ($1.
01 billion) project to connect Crete with mainland Greece
, the Hellenic Power Grid Corp said Friday.
Ariadne Interconnection, the ADMIE unit in charge of the project, also selected Hellenic Cables and NKT to build onshore cables to connect converter stations in Athens and Crete to submarine cables
, grid operators said.
According to the original plan, the cable would connect the main networks of Cyprus, Israel and Greece, but due to ownership issues, the plan was delayed
.
At present, the Greek side has made relevant progress
.
The construction of the cable is critical to obtaining safe, stable and sufficient electricity for Crete, which now relies on polluting oil to generate electricity
.
Construction of the cable is expected to begin next year so that it can be put into operation
in 2022.
A second tender for the construction of two converter stations and a substation is expected to be completed by the end of this year, with contracts likely to be signed
in February, ADMIE said.