Cyclades Interconnection Phase D : Santorini - Folegandros - Milos - Serifos
February 2023
Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
In February 2023, IPTO signed cable supply and installation contracts for the remaining three islands of the southwest Cyclades—Folegandros, Milos and Serifos—under Phase D of the Cyclades interconnection. Hellenic Cables was contracted for the Lavrio–Serifos and Serifos–Milos sections with a total length of about 170 km and a contract price of EUR 195 million, while Prysmian Group was contracted for the Milos–Folegandros and Folegandros–Santorini sections totalling about 127 km and priced at approximately EUR 150 million, covering turnkey design, manufacture, laying, protection and commissioning of 150 kV three-core XLPE submarine and land cables to integrate these islands into the High Voltage System.