Politis

Next Steps for the GSI Project

Published January 8, 2026, 05:21
Next Steps for the GSI Project

The announcement of the firm that will undertake the update of the techno-economic studies for the Greece-Cyprus electricity interconnection project (GSI) is expected within days. The decision to update the studies has led to a pause in public statements and a de-escalation of tensions between Greece and Cyprus. The goal is to attract investors and assess the viability of the project. The French company Nexans, the cable manufacturer, has announced a rescheduling of its activities. The Cypriot government reaffirms its support for the project, but not at any cost.