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- Ελληνικά
We had two very useful meetings today with the team of the Independent Transmission System Operator of Electricity in Greece (ADMIE). One was held at the Ministry of Energy this afternoon and the second with the President of the Republic at the Presidential Palace. Both meetings were really useful, because in the first one we put down the points that need our immediate intervention as the Republic of Cyprus, and in the second one with President Christodoulides so that he (the ADMIE team) could hear from the President's own mouth that basically the project should go ahead.
But all this is based on the study, which has been completed by the company that has delivered the first copy of the study to us. It appears that the results are positive and it is expected that an investment decision will be made by the end of January. Originally it was for December, but because of the delay in delivering this study to us in a final form, we should take the decision by the end of January.
Today we have discussed the individual stages of the implementation of the project. As you understand, the project is now from "Euro-Asia" to "Great Sea Interconnector" and the reason is to mark the start of the project to move to its construction phase.
A very important contract has already been signed, that of the construction and laying of the cable with a specific organisation. This will be followed by another important contract which will be signed in 2024 for the construction of the voltage converter together with another company which has already been informed.
(NZ/ASP)
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