Construction of EuroAsia Interconnector to commence late 2018, early 2019

April 3, 2018 at 9:35am
By April 3, 2018 No Comments

Greece, Cyprus and Israel are set to begin building an electricity interconnector with initial transmission capacity of 1,000 MW, in late 2018 or early 2019, a project that would end Cyprus’ energy isolation, according to experts.

The project known as EuroAsia Interconnector is a European Union Project of Common Interest, that will connect the national grids of Israel, Cyprus and Crete-Attica in Greece. The construction of the first stage with an estimated budget of 3.