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EuroAsia Interconnector

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Greece: JV established for Greek-Saudy electricity link

Greece’s Independent Power Transmission Operator (IPTO/ADMIE) and its Saudi counterpart National Grid SA have established a joint venture to study the feasibility of building...

Greece: ADMIE to become a promoter of electricity interconnection between Greece, Cyprus and Israel

EuroAsia Interconnector, the project promoter of electricity interconnection between Greece, Cyprus and Israel reached an agreement for the designation of ADMIE as the...

Greece: EuroAsia Interconnector fails to make first payment to Nexans

The EuroAsia Interconnector project, for the electricity connection of Greece, Cyprus and Israel, has run into further trouble following its consortium’s failure to meet...

Greece: EuroAsia Interconnector fails to make first Nexans payment

The EuroAsia Interconnector project, for the electricity connection of Greece, Cyprus and Israel, has run into further trouble following its consortium’s failure to meet...

Greece: IPTO enters a deal for Euroasia Interconnector

Greek power grid operator IPTO reached a preliminary agreement with an Israeli fund facilitating its entry into the equity capital of Euroasia Interconnector, the...

Greece: Nexans won a contract for the EuroAsia Interconnector

Nexans has been awarded the major turnkey contract valued at €1.43 billion for the section of the EuroAsia Interconnector that connects Greece and Cyprus,...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...