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Argaam Tools ×
Saudi-Egypt Power Interconnection Project
Overview
The project includes the erection of 1300-km aerial line to connect the electricity grids of Egypt and Saudi Arabia, thereby allowing the sharing of electricity in alternating daily peak times.
The project will facilitate the sharing of initially 1500 megawatts of electricity (and up to 3000 megawatts on completion).
The project will cost $ 1.6 billion, of which the Egyptian side will pay $ 610 million.
Project Information
- Power and Utilities > Electric and Water Utilities
-
Project designs began in May 2015, and it was expected to start trial operation in mid-July 2017, and start commercial operation at the beginning of 2019, instead of 2018, and the company did not announce any developments.
-
The company announced that the project agreements have been signed and will be implemented during 2022.
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The company announced that the implementation period of the Saudi-Egyptian electrical interconnection project ranged between 36 and 52 months.
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The company signed a contract with Hyundai Engineering & Construction (E&C) to provide steel towers for the construction of a 500 KV line for the project.
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In Q4 2022, Al-Babtain Power & Telecom Egypt (ABPTE), signed a SAR 105 million contract with Giza Cable Industries to supply 500 kilovolt (KV) galvanized steel towers for the project.
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In Q4 2022, the company announced that trial operations will start in May 2025, while official operations will start in two phases, in June 2025, with a capacity of 1,500 megawatts MW, and in November 2025 with the same capacity.
Owners
Related Parties
Financing Sources
Project Developments
Saudi-Egypt Power Interconnection Project’s trial operation to start in May 2025: OfficialArgaam20/10/2022
Al-Babtain subsidiary signs 2 contracts worth SAR 195 mln to supply galvanized steel towers Argaam05/10/2022
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