Hellenic Cables, through its wholly owned subsidiary Fulgor S.A., has signed a turnkey contract with Greece’s Independent Power Transmission Operator (IPTO) for the engineering, procurement, construction and installation (EPCI) of an HVDC 320kV power link between Corinth and the island of Kos. The contract is worth about 1.5 billion euros.
According to an announcement, the project covers roughly 1,260 kilometers of submarine cable and 30 kilometers of underground cable connecting Corinth with Kos.
Work is expected to begin in the fourth quarter of 2026, with completion scheduled for 2030.
Alexis Alexiou, CEO of Cenergy Holdings, said the signing of this landmark contract marked a significant step in developing Greece’s power transmission infrastructure. He said the company was especially pleased to be working with IPTO on the Corinth–Kos interconnection.
He added that it would contribute its expertise in HVDC cable systems and in delivering complex turnkey projects, with the aim of connecting the Dodecanese islands to the mainland power grid. He also said the company looked forward to delivering the project safely and reliably.






