Ariadne Interconnection, a company fully owned by the transmission system operator for Greece’s power grid (IPTO), has awarded a €270m contract to Prysmian Group to supply two submarine interconnections between the island of Crete and mainland Greece (Attica region).

The contract includes two lots – Lot 1 and Lot 2 worth €250m and €20m, respectively.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Under the first lot, Prysmian will be responsible for designing, supply, installation, and commissioning, including civil works, of a high voltage direct current (HVDC) cable system that can transmit 1,000MW of power.

The cable system comprises 500kV Mass Impregnated insulation and double wire armouring, along a route of 335km between Crete Island and Attica region.

Under the second lot, Prysmian will be responsible for the design, supply, the installation and commissioning of two submarine telecommunication links with a total length of 670km between Crete island and Attica region.

See Also:

Prysmian plans to use own vessels to install submarine cables. The two projects are scheduled for commissioning in the period 2020-23.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Prysmian Group projects business unit executive vice-president Hakan Ozmen said: “The Crete-Attica interconnection is the largest ongoing energy infrastructure project in Greece, and it represents a milestone for the national power grids reaching a depth of more than 1,200m.

“This award consfirms not only the Group’s role and commitment as a key player in submarine connections in Europe, and in particular in the Mediterranean area, but also the successful and continued relationship with IPTO who has awarded Prysmian also two interconnections between the Cyclades islands of Evia, Andros and Tinos, and the Crete-Peloponnese interconnection.”

———————————————————————————————————————-
Prysmian will use its own vessels to install submarine cables. (Credit: Prysmian Group)