Saudi-Egyptian USD1.6bn electricity grid project to be signed in two months
Egypt and Saudi Arabia are expected to sign contracts for their USD1.6bn electricity interconnection project in two months, Youm7 reported, citing Electricity Minister Mohamed Shaker as saying. The Minister said a transmission line will be constructed with a capacity of 500KV, and will be upgraded to 1,200KV. Upon completion, a transmission line will stretch 1,300 kilometres to exchange up to 3GW of electricity. The project is set to be operational by 2021.
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