Northern Aegean Interconnection Phase B : Lesvos - Chios
26 February 2025
Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
On 26 February 2025, in the final phase of IPTO’s tender for a six‑year framework agreement covering submarine cable projects for the Dodecanese and North Aegean island interconnections, participating companies submitted their binding financial and technical offers. This framework, with an initial budget of EUR 1.7 billion plus VAT, will govern cable supply and installation for multiple segments including the Lesvos–Chios link, with contract award to follow based on the most economically advantageous offer.