April 11, 2017
The Action contributes to the implementation of the cluster of projects of common interest 3.10. The EuroAsia Interconnector consists of a 500 kV DC underwater electric cable and associated equipment for interconnecting the Cypriot, Israeli and Greek transmission networks. The first phase of the interconnector will have a capacity of 1,000 MW and a total length of around 1,518 km.
Building upon the preparatory studies financed under CEF Action 3.10.1-0028-CY-S-M-14, the objective of this Action is to finalise the design of the interconnector and to procure the associated works contracts. The scope entails the Detailed Geophysical and Geotechnical Route Study; the Submarine Power Cable Installation Study; the Territorial Civil Works Study; the Front End Engineering Design Study; and procurement consultancy services.
Upon completion of the Action, the construction of the PCIs will be launched.
The Action will start in June 2017.
Estimated cost of the action: €29,000,000
Percentage of EU support: 50%
Maximum EU contribution: €14,500,000