Prysmian seals $141m Greek interconnection deal

Italian cable company Prysmian has closed a $141m deal for a 135 km submarine power cable connection between the island of Crete and the Peloponnese region of the Greek mainland.

It marks the first electricity link between Crete and the Greek mainland and the contract is with Independent Power Transmission Operator (IPTO), which is responsible for the transmission grid in Greece.

The deal involves the design, supply, installation and commissioning of an HVAC cable system comprising 150 kV three-core cables with XLPE insulation and double-wire armouring. The cables will reach depths of up to 950 metres and be installed using Prysmian’s own vessel, the Giulio Verne.

The submarine cables will be produced at the Prysmian’s centre in Naples, with delivery and commissioning scheduled for 2020.

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