One of the world’s largest unified electrical cable laying operations is carried out by Independent Power Transmission Operator-IPTO’s subsidiary, Ariadne Interconnection, which is laying a 500 kV direct current ultra-high voltage submarine cable, with a total length of 335 kilometers as part of the Crete-Attica electrical interconnection.
The cable weighing 13,500 tons is laid at a maximum depth of 1,200 meters between Korakia of Heraklion (Crete) and Pachi Megaron (Attica) by the state-of-the-art cable laying ship “Leonardo da Vinci” of the contractor company Prysmian Powerlink. This is an operation of extremely complex technical requirements that was successfully launched in early December and is estimated to last approximately 9 weeks.
After the operation of the first electrical interconnection of Crete with mainland Greece, via the Peloponnese in July 2021, IPTO is proceeding at an intensive pace and according to the schedule and the second interconnection of the island with Attica, the largest electricity transmission project implemented currently in the country with a budget of 1 billion euros and a completion horizon of 2024.
The underwater segment
As far as the underwater part of the project is concerned, the first 170 kilometers of the electric cable from Attica to Milos have already been laid, as well as all the fiber optic cables, 670 km long.
On the Attica side, the installation works of the underground cable sections are in full progress, while the foundations of the main buildings of the Conversion Stations that will be constructed at the two ends of the interconnection, namely Damasta Heraklion and Aspropyrgos Attica, have begun.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
