Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
Independent Power Transmission Operator (IPTO/ADMIE) commissioned Hellenic Cables (with subsidiary Fulgor) for the second sub-project of the Cyclades Islands Interconnection tender, covering design, manufacture, laying, protection and termination of 150 kV underground and submarine cable links including the Syros–Tinos connection and a 150 kV termination at Tinos. The turnkey contract, valued at €93 million, makes Hellenic Cables the main cable supplier and installer for the Syros–Tinos leg of Cyclades Phase A, later completed in 2016 as part of a 114 km package of submarine AC cables between Syros–Tinos, Syros–Mykonos and Syros–Paros.