Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
DELAYED +2yr (May 2026): Terna’s 2025 Annual Report (2025 Development Plan outlook) states that by 2034 further infrastructure reinforcements are planned including GR.ITA 2 (first phase of the project). This makes a 2033 commercial-operations date look optimistic; aligning COD to end-2034 is more consistent with Terna’s own planning horizon and with IPTO’s timeline showing ‘Design, Construction and Commissioning’ in 2033 (with completion/commissioning plausibly extending into 2034). --- Terna’s 2025 Development Plan indicates that by 2040 the Italian transmission grid architecture will be completed with new interconnections including the Greece-Italy GRITA 2 link as a complete project, implying the interconnector is planned to be fully built and in commercial operation by that time.