Northern Aegean Interconnection Phase C : Lesvos - Skyros
26 February 2025
Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
In January 2025, IPTO commenced the final phase of its framework agreement tender for the submarine cable projects of the Dodecanese and North Aegean electrical interconnections, and on 26 February 2025 participating companies submitted their binding financial and technical offers. The framework, with an initial budget of EUR 1.7 billion (plus VAT) and a six‑year duration from contract signing, will cover cable supplies including those required for the North Aegean interconnection phases such as the planned Lesvos–Skyros link.