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EIL issues EUR1.7 billion tender for Israel–Cyprus–Crete link [free access]

November 27, 2019

EuroAsia Interconnector Limited (EIL), a subsidiary of Cyprus-based Quantum Energy Limited, has issued international tenders for engineering, procurement, construction and installation (EPCI) of the high voltage direct current (HVDC) cable system for the EuroAsia Interconnector project.

 

The interconnector project proposes to link the power grids of Israel, Cyprus and continental Greece (via Crete) through ±500 kV direct current (DC) submarine cables and high voltage direct current (HVDC) onshore stations in each country/location. The 1,208-km-long interconnector [Israel–Cyprus 310 km; Cyprus–Crete (Greece) 879 km] will provide a reliable alternative corridor for transferring electricity between the two continents. Stage 1 consists of the construction of a ±500 kV, 1,000 MW submarine cable and three HVDC voltage source converter (VSCs) stations, along with associated sea-electrodes, in each of the three locations, namely Israel, Cyprus and Crete; while Stage 2 will upgrade the electricity interconnector to 2,000 MW. The interconnector project has been included in the European Union’s (EU) Projects of Common Interest (PCI).

 

Until recently, the project also comprised a third section —a 329 km link between Crete and Attica. However, owing to the Greek side decision opting to award the Crete–Attica section of the project to Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO), Anexartitos Diacheiristis Metaforas Ilektrikis Energeias (ADMIE), instead of to the EIL, as decided earlier, had put a wrench in the progress of the bigger interconnector project. Now, Greece had decided to go solo on the Crete–Attica section, which led to EU excluding this section from the new PCI list.

 

The published tender is divided into four lots, wherein Lot I entails EPCI of the submarine HVDC cable system, including all required joints for Pole 1 of Link 1 (Israel–Cyprus); while Lot II entails EPCI of the submarine HVDC cable system, including all required joints for Pole 2 of Link 1. Specifically, for Link 1 between Israel and Cyrus, the distance between the sea/land transition bays in the two countries will be approximately 310 km and the submarine cable will be laid at a maximum water depth of 2,200 metres.

 

Additionally, Lot III entails EPCI of the HVDC cable system, including all required joints for Pole 1 of Link 2 [Cyprus–Crete]; while Lot IV entails EPCI of the HVDC submarine cable system, including all required joints for Pole 2 of Link 2. Specifically, for Link 2 between Cyrus and Crete, the distance between the sea/land transition bays in the two countries will be approximately 895 km and the submarine cable will be laid at a maximum water depth of 3,000 metres.

 

Lots I and II are estimated at EUR224 million each, while Lots III and IV are worth EUR617 million each. The contract will be awarded through a negotiated procedure with prior call for competition, and its total duration will be 48 months from the date of award.

 

The last date for the submission of bids is December 27, 2019.

 

(EUR1=USD1.1)