Deadline for bids submission in ADMIE tender is mid-October – Greece, 30 August 2016

The three companies that were selected for the second stage of a public tender for the sale of 24 % stake in Greek electricity transmission system operator ADMIE now have about a month and a half to submit their binding bids. The companies in question are Italian Terna, French RTE and Chinese SGCC.
According to unofficial information, the deadline for bids submission will be set for 15 October, which is in line with a decision that preferred bidder should be announced before the end of the month. However, a slight extension may be granted in case that it is deemed that received offers are too low.

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