“The USD 1.6 bn Egypt-Saudi power grid will be operational in 2020,” head of the studies and design sector at the Egyptian Electricity Transmission Company (EETC) Lamya Youssef said, according to Al Mal. The project, on which talks resumed after a halt period, was slated for inauguration in 2020, with trial runs set for next year, but was reportedly pushed to 2022 after Saudi’s USD 500 bn Neom City mega project derailed the plans. The contracts were also expected to be inked last summer, in time for the selection of the winning tender bid.

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