Cyclades Interconnection Phase D : Serifos - Milos
February 2023
Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
Independent Power Transmission Operator (IPTO) reported that in February 2023 it signed the cable contracts for the remaining three southwest Cyclades islands—Folegandros, Milos and Serifos—under Phase D of the Cyclades interconnection, which include the Lavrio–Serifos and Serifos–Milos 150 kV submarine links. Earlier tender coverage specified that Hellenic Cables was awarded the subsea cable package from Lavrio to Serifos and from Serifos to Milos, covering about 170 km of 150 kV AC cable and valued at €195 million, thereby establishing Hellenic Cables/Fulgor as the cable supplier for the Serifos–Milos interconnector segment.