Greece’s Independent Power Transmission Operator (IPTO) has filed an objection with Cyprus’s energy regulator against a July 2024 decision, seeking €251 million in cost recovery instead of the agreed €25 million annual payment, threatening to overturn the Framework Agreement between the Cypriot and Greek governments and potentially transform the electricity interconnection project into a major … Continue reading Greece’s grid operator challenges Cyprus regulatory decision, demanding €251 million in project costs
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