The final phase of an international tender for a framework agreement to lay down subsea cables for the electrical interconnections of the Dodecanese and Northeast Aegean islands has started, as announced by the Independent Power Transmission Operator (IPTO) on Tuesday, ANA reports.
The three companies participating in the tender (Fulgor S.A., Nexans Norway A.S., and Prysmian Powerlink S.r.l.) have been invited by IPTO to submit their binding financial and technical offers for the project.
The contract will be assigned to the best offer, from a financial point of view.
The initial budget of the project amounts to 1,717,000,000 euros (plus VAT) and the expected duration of the framework agreement is set at six years from the signing of the contract.
IPTO proceeded for the first time with this specific tendering practice, which is also followed by other European operators, due to the high demand for submarine cables for interconnection projects at an international level, thus ensuring the availability of production slots at the contractors’ factories.
With the electrical interconnection of the islands of the Dodecanese, the islands of Kos, Rhodes, and Karpathos will be connected with the mainland system, via Corinth, in two phases. Similarly, the interconnection of the northeastern Aegean will include the islands of Limnos, Lesvos, Skyros, Chios, and Samos and will be implemented in three phases.
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