Benefits of cable sought before investment decision made
The government of Cyprus has asked Greece’s Independent Power Transmission Operator (Admie) to carry out a cost-benefit analysis for the Great Sea Interconnector project, which aims to link the electricity grids of Cyprus, Greece, and Israel. The project, previously known as the EuroAsia Interconnector, is estimated to cost €1.9 billion. Cyprus is considering investing €100 million in the project and wants an updated analysis before making a final decision.