Cyprus approves construction of a €1.9 billion undersea electricity cable to link its grid with Greece’s, aiming to significantly reduce electricity bills and end its energy isolation. The EU-backed project, expected to be operational by 2029, is anticipated to lower electricity costs for consumers and attract significant investment.
Tag: Cable
Tensions rise as a critical meeting in Nicosia grapples with the future of the Greece-Cyprus electricity interconnector. Financial disagreements and geopolitical concerns cast a shadow over the project, even as survey work for the undersea cable is underway.
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