Meeting on Tuesday to Discuss Geopolitical Risks in ADMIE Project
September 6, 2024
The President of the Republic refrained from approving additional incentives for the cable from ADMIE, despite pressure from the involved parties. The electrical interconnection has received a new deadline with a meeting scheduled for Tuesday, where the geopolitical risks of the project will be discussed, mainly due to potential Turkish intervention. If the project is delayed, the costs may be passed on to consumers. The government and ADMIE disagree on who bears the responsibility for the geopolitical risk.