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> Economy

ADMIE: The tender for the submarine cables in the Dodecanese and NE Aegean Sea is in the phase of binding offers

The three companies participating in the tender are invited by ADMIE to submit their binding financial and technical offers for the project

Newsroom January 21 01:00

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The final phase of ADMIE’s international tender for the conclusion of a framework agreement for the submarine cable projects for the electrical interconnections of the Dodecanese and the islands of the North Aegean Sea is underway.

The three companies participating in the tender (Fulgor S.A., Nexans Norway A.S., and Prysmian Powerlink S.r.l.) are invited by ADMIE to submit their binding financial and technical offers for the project.

The award will be made based on the most economically advantageous tender.

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It is noted that the initial budget of the project amounts to 1.717 million euros (plus VAT) and the foreseen duration of the framework agreement is set at 6 years from the signing of the contract.

This is the first time that ADMIE has proceeded with this tender practice, which is also followed by other European Operators, due to the high demand for submarine cables for interconnection projects at the international level, thus ensuring the availability of production slots at the contractors’ plants.

With the electrical interconnection of the Dodecanese islands, Kos, Rhodes, and Karpathos will be interconnected with the mainland system, via Corinth, in two phases. Similarly, the interconnection of the north-eastern Aegean will include the islands of Lemnos, Lesvos, Skyros, Chios, and Samos and will be implemented in three phases.

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