Electricity Authority of Cyprus opens tender for Great Sea Interconnector impact study

The Electricity Authority of Cyprus (EAC) has launched a public tender for a consultancy study to evaluate the potential impacts of the Great Sea Interconnector project on the organization. With an estimated budget of 350,000 euros, the study will analyze crucial aspects including energy sector implications, infrastructure, construction costs, subsea cable management, and overall operational project management.

Prospective bidders may submit requests for clarification until October 23, 2026, with the official opening of tenders scheduled for November 11, 2026. The selected contractor will be required to deliver the final assessment within three months of the contract award. This initiative follows years of project development, which began in 2012, and subsequent key regulatory decisions made by the Cyprus Energy Regulatory Authority (CERA) and the Cabinet between 2023 and 2024. The European Commission previously approved 658 million euros in funding for the link, while in August 2026, the French firm Meridiam reached an agreement to acquire a 66 percent stake in the project, with the Independent Power Transmission Operator (IPTO) retaining 34 percent and technical leadership.

While the project has been in development for over a decade, critics noted that this specific impact study is being conducted with significant delays, following major milestones that have already shaped the country’s energy landscape.