The electrical interconnection of the islands of the North Aegean with underwater cables is part of the preliminary Ten-Year Development Plan  of the Independent Electricity Transmission Operator for the years 2021-2030 which was put to public consultation.

A contract valued at approximately 140 million euros was entrusted to Fulgor by power authority ADMIE, as Cenergy Holdings said in a statement today.

Environment and Energy Minister Giorgos Stathakis expressed his certainty that the deal signed with China's State Grid to acquire a 24 percent stake in Greek power grid operator ADMIE will be in favour of the grid?s users, during a ceremony completing the deal in Athens on Tuesday.