12° Nicosia,
17 June, 2024

Budget approved for 1,000 charging stations across the island

The project will be implemented in two phases with a total available budget of €3,700,000

Source: CNA

The Cabinet on Wednesday approved a proposal submitted by the Ministry of Transport for the installation of 1,000 public charging stations for electric vehicles, with a budget of 3.7 million euros.

The charging infrastructure is included in the objectives of the General Policy Framework for the promotion of the use of electric vehicles, approved by the Council of Ministers in 2021, an announcement says.

A scheme named "Electrification with 1000" was included in Cyprus’ Recovery and Resilience Plan, under the chapter "Rapid transition to a Green Economy - Sustainable Transports".

The project will be implemented in two phases with a total available budget of €3,700,000. Applications for Phase A will be submitted until 31/01/2023 and the amount allocated reaches €1,850,000. Phase B is expected to be announced around the end of 2023.

The potential beneficiaries include natural and legal persons (Companies, Associations, Foundations), Non-Governmental Organizations, legal persons under public law, Local Government Authorities that are owners or tenants of "parking for public use" and operate in areas under the control of the Republic of Cyprus.

The eligible installation points are, among others, parking spaces for public use, municipal and community parking spaces, private parking spaces for the public and petrol station spaces.

Each beneficiary can receive funding for four recharging stations, per district, with a maximum number of fifteen throughout Cyprus, with the exception of local authorities who can receive funding to place up to eight stations within their territory.

The project provides financing at a rate of 50% of the total expenditure, with a maximum amount of financing depending on the maximum output power of the charger. Charging stations that will be installed in mountainous areas will receive an increased percentage of sponsorship of up to 55%.

Minister of Transport, Communications and Works Yiannis Karousos said after the meeting of the Cabinet, that this is an implementation of yet another goal of the policy framework for the development of electric mobility in Cyprus, in terms of infrastructure.

The goal, he said, is to install a thousand recharging stations in publicly accessible areas by 2026, and this is a program that is included in the Recovery and Resilience fund.

The online portal is operational and interested parties can register their applications. More information about the scheme can be found at

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