Greece Signs First Irrigation PPPs Under US$244 million Hydor 2.0 Program

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

In a ceremony held in Karditsa and Farsala, Greece signed the first two irrigation Public-Private Partnership (PPP) projects: the Tavropos irrigation network in Karditsa and the Ypereia Larissa – Orfana Karditsa network, under the comprehensive "Hydor 2.0" initiative, backed by the Recovery and Resilience Fund (RRF).

The project's concern:

  • TOEB Tavropos Irrigation Network (Karditsa): €131 million (US$152 million)(excl. VAT) for the design, construction, financing, maintenance, and operation of an underground closed irrigation network serving 115,000 stremmas.

  • Ypereia–Orfana Irrigation Network (Larissa–Karditsa): €79 million (US$92 million)(excl. VAT) for a system utilizing existing boreholes to irrigate 67,800 stremmas across multiple agricultural zones near the Enipeas River.

Both projects are PPPs with substantial funding from the RRF. The “Hydor 2.0” program includes a total of five strategic irrigation projects across Greece, also involving:

  • A dam in Messinia

  • Water infrastructure in Lassithi, Crete

  • A water transfer system from the Nestos River to Xanthi

Finally, a government delegation is planned to visit Thessaly in late September 2025 to assess ongoing reconstruction efforts, progress on compensation, and water management challenges in the region.

 

List of the country updates

Country updates

  • August 04, 2025

    Contract signed for the development of the “Agia Triada Beach and Camping” property

    Growthfund has signed a contract with MATENISA TRADING CO., LTD., which was declared as the Preferred Investor in the tender process for the sale of the “Agia Triada Beach and Camping” pro...

    Read more
  • July 28, 2025

    Two investment schemes express interest in the tender for the concession of the Greek State Lotteries

    Growthfund announces that two investment schemes have submitted Expressions of Interest (EOI) in the international tender process for the concession of the exclusive right to produce, manage, operate...

    Read more
  • June 27, 2025

    Declaration of Preferred Investor for the development of the “Sani Kassandra” property (Northern Section)

    The Board of Directors of Growthfund, declared “Sani Single-Member S.A. for Development and Tourism” as the Preferred Investor in the tender for the development of the property “Sani...

    Read more
  • June 27, 2025

    Five Bidders Submit Offers for Majority Stake in Lavrio Port Authority

    Growthfund announces that five investment schemes submitted binding offers in the international tender for the acquisition of a majority stake (51%) in the share capital of the company “Lavrio P...

    Read more
  • June 27, 2025

    Growthfund Launches US$ 4.5 million Restoration Projects for Athens’ OAKA Sports Complex

    Growthfund’s Project Preparation Facility (PPF) has initiated two new restoration projects at Athens’ OAKA sports complex, valued at a combined EUR 3.9 million (US$4.5 million). The contr...

    Read more

Share this update