Greek power grid operator IPTO has selected Prysmian Corporation to execute a framework agreement valued at approximately €910 million. This contract includes the comprehensive development of electrical interconnections for the Dodecanese and North Aegean islands. This strategic initiative aims to optimize Greece’s energy infrastructure, providing stability and efficiency to the national electrical system.
The Agreement Between Prysmian and IPTO to Strengthen Greece’s Power Grid
Consequently, the execution of the works will provide the island regions with a continuous and reliable electricity supply. The project will mitigate dependence on heavy local fuels and promote the transition to clean energy sources throughout Greek territory.
For its part, the technical scope of the award covers the so-called Lot B, which comprises a total of seven differentiated projects. The multinational will be responsible for the design, manufacturing, and installation of over 900 kilometers of high-voltage alternating current (HVAC) terrestrial and submarine cables. Official estimates set the final delivery of this critical infrastructure for the year 2033.
Specifically, the deployment of submarine lines will reach operational depths of up to 1,150 meters below sea level. This technical milestone will set an industry precedent for three-core high-voltage alternating current static cables. In this way, the company surpasses its own engineering capabilities demonstrated in previous projects in the region.
Regarding this achievement, it is worth remembering that the commercial relationship between both entities has a solid history of cooperation. The technology firm has successfully led complex projects on Greek soil, such as the interconnections in the Cycladic islands, Crete-Attica, and Crete-Peloponnese. In the latter project, the organization had already set an engineering record by descending to a depth of 960 meters.
Likewise, the formal activation process is subject to compliance with usual legal requirements and the obtaining of corresponding governmental authorizations. The construction phase will effectively begin once the client issues the work commencement order.
Finally, the company’s management has highlighted the social value of this structural modernization. The technical development will ensure a constant supply for both residents and seasonal tourism activity. The logistical deployment will employ specialized vessels and advanced technological resources to ensure the long-term viability of the grid.
Source and photo: Prysmian
