Threat of power cuts avoided

Electricity Authority of Cyprus (EAC) trade unions suspended strike action scheduled for Wednesday that would have caused power cuts after Labour Minister Kyriakos Kousios intervened. He arranged for unions to discuss grievances

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Lights go out before Christmas

Open-ended scheduled power cuts will begin Wednesday following a Transmission System Operator (TSO) decision to safeguard the stability of the Cyprus grid during strike action. In comments to state radio CyBC, TSO

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EAC €150 mln deal for nat gas power unit

Cyprus Electricity Authority announced a €150 mln deal with Greek firm Terna to construct a natural gas power generating unit at the Vasiliko plant. The authority said the “new, modern and efficient”

EIB funds cleaner new Cyprus power plant

The European Investment Bank has approved €76 mln to finance the construction of a new power plant outside Limassol by the Electricity Authority of Cyprus for cleaner energy transition. According to an