ADMIE

Brussels piles on pressure over Greece-Cyprus-Israel electricity cable

Just when the Greek Energy Minister thought he could take a short August break, after a hectic first 30 days of the Mitsotakis administration, a stern warning from Brussels has exposed the wavering attitude that Athens has chosen by succumbing to pressure from the Chinese-controlled transmission system operator ADMIE over the Attica-Crete subsea electricity cable.

Attica-Crete power link attracts offers

Major players in the electric cable construction sector have shown an interest in bidding for the Athens-Crete power connection, a 1-billion-euro project expected to be completed by 2022, according to Ariadne Interconnection, a special purpose subsidiary of the Independent Power Transmission Operator (ADMIE) which administers the project.

Athens power cut due to human error

An extensive but brief power outage that affected mainly western Athens on Tuesday morning was the result of a human error, said Greece's electricity grid operator ADMIE.
ADMIE said high voltage transmission lines were turned off at 11:35 a.m. at the public power utility's (PPC) substation at Rouf.

Large areas of Halkidiki without power after deadly storms

About 80 percent of Halkidiki, and specifically the first and a small section of the second peninsula that make up the regional unit, remained without power a day after storms and gale-force winds toppled trees and utility poles, the head of the union of Public Power Corporation employees (GENOP) said Thursday.

ATHEX: Greek bourse extends gains while turnover remains high

Athinon Avenue continued to record gains on Tuesday, with the benchmark edging up to a fresh 13-month high, while turnover exceeded 100 million euros again.

The Athens Exchange (ATHEX) general index closed at 845.95 points, adding 0.38 percent to Monday's 842.76 points. The large-cap FTSE-25 index expanded 0.37 percent to end at 2,160.05 points.

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