TAQA, the Ministry of Energy, Commerce and Industry of Cyprus and the Independent Power Transmission Operator Sign MoU for Greece-Cyprus HVDC Interconnection Project Abu Dhabi,.
UAE s Taqa explores stake in $2 1bn subsea cable project connecting Greece and Cyprus thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
TAQA, the Ministry of Energy, Commerce and Industry of Cyprus and the Independent Power Transmission Operator sign MoU zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Abu Dhabi s energy company Taqa said it has signed an agreement with Greek and Cyprus governments to become a key shareholder in a project to develop a 900km high-voltage direct current (HVDC) power interconnection between the two European countries.
Under the terms of the MoU, TAQA will explore joining Greece’s transmission system operator, Independent Power Transmission Operation of Greece (IPTO) and the Cyprus Government as shareholders in a project whose construction is expected to cost approximately 1.9 billion euro (around AED 7.5 billion).