Greek grid operator launches tenders for Attica-Crete power link

Holding Admie Ipto SA

24/05/2019 09:26

ATHENS, May 24 (Reuters) - Greek grid operator ADMIE on
Friday launched two tenders to build two undersea cables linking
the island of Crete to mainland Attica, the energy ministry
said.
    The 915 million euro ($1.02 billion) project will be
completed within 2022, the ministry said.
    Greece has said that the power link is key to the energy
security supply of Crete which is now relying on three oil-fired
plants that will need to ramp down production in the coming
years.

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 (Reporting by Angeliki Koutantou)
 ((angeliki.koutantou@thomsonreuters.com; +30 210 3376436;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))