A new impetus to IPTO’s investment activities is given by the resolution of the administrative backlog to the Manager, with the renewal of the term of office of the president and managing director M. Manousakis. Specifically, the renewal of confidence in the current management of the Administrator is expected to lead to an acceleration of the implementation of key projects and investments planned by IPTO.
These investments, according to the new ten-year development plan of the Administrator, include strategic projects of international interconnections such as the Greece-Egypt Interconnection, the new Greece-Italy interconnection, the upgrade of the interconnection with Bulgaria and the new Greece-Albania interconnection. Also, projects for the modernization of the transmission system with state-of-the-art technologies and, of course, the continuation of large island interconnection projects are being promoted. Among them, the emblematic work of the interconnection of Crete – Attica, the fourth phase of the interconnection of the Cyclades and the interconnection of the Dodecanese and the islands of the NE stand out. Aegean.
Regarding the renewal of Manousaki’s term of office, which was taken by a unanimous decision of IPTO shareholders, it is three years. In fact, according to the official announcement, at the general meeting, which gave the green light for the renewal, the Shareholders reaffirmed their intention to consolidate their cooperation on an even more solid basis in the future, with the common goal of further development of IPTO. .
In other words, it seems that there was a change of attitude on the part of the Chinese State Grid, which allegedly initially supported the solution of the change of administration. However, in the contacts that followed between the Greek State and the State Grid, the stay of Mr. Manousakis was strongly supported. In fact, according to information, the issue was raised during the meeting of the Chinese ambassador with the Minister of Environment and Energy K. Skrekas, during which it seems that the foundations were laid for the agreement of the two main shareholders in order to proceed with the renewal of the term. of Mr. Manousakis, which was officially announced yesterday.
Ch. Floudopoulos
Source: Capital
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