The agreement provides for the issuance of two decisions by the Energy Regulatory Authority of Cyprus during the week (Wednesday and Friday) on the return on the investment agreed at 8.3% for 17 years of operation of the project and the recovery of an amount of 125 million euros from the Cypriot side for the first five years of the construction period.
The same sources stated that if the provisions of the agreement are implemented, the project becomes viable.
Otherwise, the project is at risk. The same sources reported that there was contact with the cable manufacturer to ensure the continuation of the cooperation if the implementation of yesterday's agreement proceeds until Friday.
