About us

The Independent Power Transmission Operator S.A. (IPTO) was established with Law 4001/2011 and was organized and operates as an Independent Transmission Operator in line with the provisions of EU Directive 2009/72/EC.

The Company has the responsibilities and performs the duties of Owner and Operator of the Hellenic Electricity Transmission System (HETS), in accordance with the provisions of Law 4001/2011 the requirements in the Grid Code and the HETS operation license.

IPTO’s compliance with the requirements applicable to the Independent Transmission Operator model was certified by the Regulatory Authority for Energy in December 2012.

The mission of IPTO is the operation, control, maintenance and development of the Hellenic Electricity Transmission System, to ensure the country’s supply with electricity in an adequate, safe, efficient and reliable manner, as well as the operation of the electricity market for transactions outside the Day Ahead Scheduling, pursuant to the principles of transparency, equality and free competition.

Due to this critical role of the Company, all the necessary measures have been taken and all those necessary procedures have been set in place to ensure its independence, the strict adherence to the “equal treatment” principle for all System Users and Participants in the Electricity Market, transparency in its operation and respect of the confidentiality of the information which IPTO manages.

IPTO, as of 20 June 2019, has been following the Ownership Unbundling model and is fully harmonized with Directive 2009/72/EC.

IPTO’s shareholding structure is the following:

Shareholders

As Operator of the Hellenic Electricity Transmission System (HETS), IPTO’s mission is to assure the country’s supply with electricity in a safe, efficient and reliable manner, promoting free competition in the Greek electricity market, while ensuring the equal treatment of HETS users.

 

Our vision

Being one of the most efficient electricity transmission operators in Europe, providing added value to all interested parties in the framework of sustainable development, respecting man in parallel to the environment, to the benefit of the System Users and society as a whole.

 

Commitment for the country's uninterrupted supply with energy

Commitment for the country's uninterrupted supply with energy

Ensuring the country’s continuous and uninterrupted electricity supply, fulfilling all quality, safety and performance criteria, is our foremost objective which runs through all our activities in our role as Operator of the Hellenic Electricity Transmission System.

Impartiality

Impartiality

Guaranteeing equal and non-discriminatory access to the System for all Users.

Transparency

Transparency

Employing procedures of absolute transparency and providing electricity market participants with all information pertinent to the strengthening of competition.

Performance

 

Performance

Performing our duties as Transmission System Operation in the most efficient manner with optimal utilization of all available resources, contributing to national development, serving the public interest and creating value for all our stakeholders.

Sustainable development

Sustainable development

Performing our duties according to the principles of sustainable development, under economic, social and environmental terms, contributing to research and development, professional training and skills development of our human resources.

    • 2
      subsidiaries Ariadne Interconnection Grid Telecom
      51%
      State
      24%
      State Grid
      € 5 bn
      investments up to 2030
    • 1600
      Workers
      21
      Ultra-high Voltage Centers
      356
      Substations

    IPTO lines map

    2020
    May 2020
    Establishment of the Regional Security Coordinator in Thessaloniki, (SEleNe CC).
    The mission of this new body is to ensure the efficient cooperation and coordination between the Electricity Systems and the Electricity Markets in Greece, Bulgaria and Romania, aiming to play a critical role in the new era of the integrated European electricity market.
    2019
    January 2019
    Establishment of subsidiary Grid Telecom, the Independent Power Transmission Operator's vehicle for providing telecommunications services to national and international providers.
    2018
    June 2018
    Participation of the Independent Power Transmission Operator (IPTO) in the share capital of the Energy Exchange with 20%. The HEnEx aims at the coupling of the Greek market with the other European markets, the reinforcement of competition and transparency, with direct benefits the reduction in energy cost and the assurance of better prices for households and businesses and the assurance of energy supply security, the diversification of energy sources in the energy mix and the further increase of RES participation.
    September 2018
    Establishment of special purpose vehicle Ariadne Interconnection, to undertake IPTO’s largest project, the interconnection of Crete with Attica.
    2017
    June 2017
    Listing of ADMIE (IPTO) HOLDING in the Athens Exchange.
    ADMIE HOLDING holds a 51% stake in the share capital of the Independent Power Transmission Operator S.A. (IPTO), and is the first public sector company to be listed in the stock market after 11 years.

    Acquisition of a 24% stake by State Grid, the industry's largest and most profitable company.
    2012
    February 2012
    The Independent Power Transmission Operator S.A. (IPTO) was established with Law 4001/2011 and was organized and operates as an Independent Transmission Operator in line with the provisions of EU Directive 2009/72/EC.
    The Company has the responsibilities and performs the duties of the Owner and Operator of the Hellenic Electricity Transmission System (HETS).
    IPTO’s compliance with the requirements applicable to the model of the Independent Transmission Operator was certified by the Regulatory Authority for Energy in December 2012.
    The mission of IPTO is the operation, control, maintenance and development of the Hellenic Electricity Transmission System, to ensure the country’s supply with electricity in an adequate, safe, efficient and reliable manner, as well as the operation of the electricity market.