MoU brings undersea electricity cable a step closer
Greece’s Independent Power Transmission Operator (Admie) said Monday it has signed a memorandum of understanding with a major asset manager interested in acquiring a direct stake in the company ...
Consumers would see power price cuts with Interconnector
Cypriot consumers could save as much as €400 a year with the introduction of the Great Sea Interconnector – a mooted subsea electricity cable linking Cyprus to Greece – its promotors said on ...
Cost-benefits of electricity cable expected by end of month
The first results of the cost-benefit study requested by the energy ministry for the Greece-Cyprus Great Sea Interconnector electricity project are anticipated to be unveiled by the end of May, ...
No cost to Cypriots until Great Sea Connector is operational
Cypriot consumers should not pay anything for the Great Sea Interconnector until the project is up and running, the energy minister asserted on Monday.
“It’s a matter of principle,” ...
Greek company delaying Cyprus re: Great Sea project (Updated)
By Tom Cleaver and Nikolaos Prakas
Cyprus responded to Greece’s warnings over Nicosia missing deadlines for the Great Sea Interconnector undersea cable project, saying on Friday that they are ...
Great Sea Interconnector will offer ‘triple energy benefits’
The Great Sea Interconnector project will offer triple benefits to Cyprus, with better energy security, a ‘green mix’ of power generation and cheaper energy for all consumers, the Greek Independent ...
Meeting on Great Sea Interconnector
The management of Greece’s Independent Power Transmission Operator (Admie) will be in Cyprus on Tuesday to hold talks with representatives of the energy ministers of Cyprus and Israel.
They ...
Great Sea Interconnector ‘top priority’
Cyprus’ and Israel’s Energy Ministers George Papanastasiou and Eli Kohen agreed on Wednesday to continue promoting joint energy projects, with the Great Sea Interconnector touted as a top priority ...
Cyprus urged to pay share of Interconnector project
Cyprus has been urged to cough up its €100 million financial share in the Great Sea Interconnector project in a meeting between Finance Minister Makis Keravnos and Greece’s Independent Power ...
Power cable a ‘landmark project’
The Great Sea Interconnector is a “landmark project”, President of the House finance committee Christiana Erotokritou told the European parliament in Brussels on Tuesday.
She said the cross-border benefits of ...
Energy, finance ministers tasked with making final decision on Interconnector
The cabinet has authorised the finance minister and the energy minister to make a final investment decision on the Great Sea Interconnector.
Following a cabinet meeting on Wednesday, Energy Minister ...
Interconnector decision delayed (Updated)
Cabinet failed to decide on Friday whether or not Cyprus will participate in the Great Sea Interconnector, with a final decision now expected next week.
A decision had been initially ...
Cyprus to decide on Interconnector participation
A decision on whether the Republic will participate as shareholder in the Great Sea Interconnector project is expected to be taken on Thursday, state officials have announced.
Finance Minister Makis ...
President speaks about interconnector with UAE
President Nikos Christodoulides on Friday spoke about the possibility of a “Great Sea Interconnector” with the United Arab Emirates’ Deputy Foreign Minister and a delegation of the country’s Taqa ...
Subsea power cable ‘great value’ to Cyprus electricity market
By Iole Damaskinos and Elias Hazou
There is great value for the Cyprus electricity market in establishing the mooted subsea power cable connecting Cyprus, Greece and Israel – the Great Sea ...
Government decision pending on power cable involvement
The government will decide by the end of the month whether the Cypriot state will invest in the mooted Great Sea Interconnector project, Energy Minister George Papanastasiou said on Tuesday.
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