{"id":550266,"date":"2022-10-20T04:06:59","date_gmt":"2022-10-20T04:06:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/20\/egypt-saudi-electricity-interconnection-finally-has-a-timeline\/"},"modified":"2022-10-20T04:06:59","modified_gmt":"2022-10-20T04:06:59","slug":"egypt-saudi-electricity-interconnection-finally-has-a-timeline","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/20\/egypt-saudi-electricity-interconnection-finally-has-a-timeline\/","title":{"rendered":"Egypt-Saudi electricity interconnection finally has a timeline"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a><strong> Our 3 GW electricity linkup with Saudi is going live in mid-2025<\/strong>: Trial operations for the USD 1.8 bn <a href=\"https:\/\/enterprise.press\/hardhats\/egypt-saudi-electricity-interconnection-finally-kicks-into-gear\/\">Egypt-Saudi electricity interconnection<\/a> are set to begin in May 2025 with an official operational launch set for later in the same year, <a href=\"https:\/\/www.asharqbusiness.com\/article\/43023\">Bloomberg Asharq<\/a> quotes Egyptian Electricity Transmission Company (EETC) head Sabah Mashaly as saying. The first 1.5 GW phase will go live in June 2025, followed by the second and final 1.5 GW phase in November 2025.<\/p>\n<p><strong>The funding is in place:<\/strong> Egypt has already secured USD 600 mn from several undisclosed Arab funds and agencies, Mashaly told Bloomberg Asharq. Standard Chartered Bank and Sumitomo Mitsui Banking Corporation this week announced <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/standard-chartered-arranges-5664mln-in-financing-for-first-of-its-kind-saudi-egypt-electricity-interconnection-project-g37xwu2i\">the provision of USD 566.4 mn<\/a> for the Saudi Electricity Company to facilitate the project.<\/p>\n<p><strong>We\u2019ve been waiting on a clear timeline for the project\u2019s operation for some time now:<\/strong> A consortium of Orascom Construction (OC) and Japan\u2019s Hitachi ABB Power Grids was <a href=\"https:\/\/enterprise.press\/hardhats\/egypt-saudi-electricity-interconnection-finally-kicks-into-gear\/\">awarded<\/a> the project\u2019s execution contracts by the EETC last October. The project had <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9db02a9e-375b-4bc9-b5cb-0817341e19a3\">reportedly been on hold<\/a> since at least 2018, when initial tenders were launched, primarily due to the Saudi government\u2019s work on Neom City.<\/p>\n<p><strong>About the project:<\/strong> The Egypt-Saudi electricity interconnection project will be home to HVDC conversion stations. Those include two stations in Saudi Arabia\u2019s Medina and Tabuk and another in Badr city, east of Cairo. It will flow power along a 1.35k km route through overhead power lines and a 22 km subsea cable in the Red Sea.<\/p>\n<p><strong>Prospects for electricity exports to third-party countries?<\/strong> A surplus in generated capacity between the two countries could be exported to nearby countries through other interconnection projects, Sabah said.<\/p>\n<p><strong>REMEMBER-<\/strong> We\u2019ve built a large <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97de7175-da9a-4189-99de-bfb45a999e00\">surplus of electricity<\/a> generation capacity over the past few years. Our grid is currently linked with Jordan, Palestine, Libya, and most recently <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/38ece99e-b3be-4ea8-b3ac-21750621bb64\">Sudan<\/a>. We\u2019re also looking to create energy trade relationships with Greece and other regional neighbors, including a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5e5a67ed-560c-46b2-ba58-cdeb9da9ad9d\">potential gas pipeline<\/a> and the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/144e60dc-4f26-49d0-bffe-036d93c2b319\">2 GW EuroAfrica Interconnector<\/a> project to connect our grid with Greece and Cyprus, which is expected to begin commissioning this December.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our 3 GW electricity linkup with Saudi is going live in mid-2025: Trial operations for the USD 1.8 bn Egypt-Saudi electricity interconnection are set to begin in May 2025 with an official operational launch set for later in the same year, Bloomberg Asharq quotes Egyptian Electricity Transmission Company (EETC) head Sabah Mashaly as saying. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":550267,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[1284,244,93,72,7111,219],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-eetc","tag-electricity","tag-energy","tag-enterpriseam","tag-infrastructure","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"653bc78e-5d38-4458-975b-249cc9521b61","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/285.jpg","photo_position":"above","related_issue":[550257],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt-Saudi electricity interconnection finally has a timeline - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/20\/egypt-saudi-electricity-interconnection-finally-has-a-timeline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt-Saudi electricity interconnection finally has a timeline\" \/>\n<meta property=\"og:description\" content=\"Our 3 GW electricity linkup with Saudi is going live in mid-2025: Trial operations for the USD 1.8 bn Egypt-Saudi electricity interconnection are set to begin in May 2025 with an official operational launch set for later in the same year, Bloomberg Asharq quotes Egyptian Electricity Transmission Company (EETC) head Sabah Mashaly as saying. 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She noted that a consultant has been selected to survey the route of the maritime cables, which had been changed\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603373,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/eetc-receives-new-route-for-usd-2-5-bn-egypt-saudi-electricity-project\/","url_meta":{"origin":550266,"position":1},"title":"EETC receives new route for USD 2.5 bn Egypt-Saudi electricity project","author":"enterpriseam admin","date":"21 April 2019","format":false,"excerpt":"EETC has received the details of a new route for the USD 2.5 bn Egypt-Saudi interconnection project, head Sabah Mashaly said. The original route for the power transmission lines had to be redrawn by the Saudis to avoid conflict with their USD 500 bn Neom city megaproject. Egypt\u2019s government was\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575606,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/egyptian-saudi-electricity-project-tender-results-to-be-announced-in-1h2021\/","url_meta":{"origin":550266,"position":2},"title":"Egyptian-Saudi electricity project tender results to be announced in 1H2021","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) will announce the winner of the Egyptian-Saudi electricity interconnection project tender in the first half of 2021, the local press reports, citing sources at the company. EETC expects to complete analysis of the technical bids in December. Companies that have submitted offers include ElSewedy\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578601,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/05\/italy-proposes-a-usd-2-8-bn-electrical-interconnection-project-with-egypt\/","url_meta":{"origin":550266,"position":3},"title":"Italy proposes a USD 2.8 bn electrical interconnection project with Egypt","author":"enterpriseam admin","date":"5 January 2023","format":false,"excerpt":"Is an Egypt-Italy electricity interconnection project coming? Italy has reportedly submitted a proposal to the Egyptian Electricity Transmission Company to work on a joint USD 2.8 bn electricity interconnection project between the two countries with a capacity of 2.5-3 GW, Bloomberg Asharq reports, citing two unnamed government sources.Italy is offering\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/89.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571373,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/egypt-saudi-to-sign-contracts-for-electricity-interconnection-project-this-month\/","url_meta":{"origin":550266,"position":4},"title":"Egypt, Saudi to sign contracts for electricity interconnection project this month","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"The contract to build Egypt\u2019s 3 GW electricity interconnection project with Saudi Arabia is reportedly set to be signed this month, Egypt Today reports, quoting an unnamed Electricity Ministry source. Construction will then begin in June, they said. State-owned Egyptian Electricity Transmission Company (EETC) said last month it\u2019s pushing the\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594512,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/31\/eetc-inks-transformer-station-and-power-purchase-contracts\/","url_meta":{"origin":550266,"position":5},"title":"EETC inks transformer station and power purchase contracts","author":"enterpriseam admin","date":"31 October 2019","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) signed a EGP 200 mn contract yesterday with a consortium of Chinese companies to set up the Al Naha transformer station in Cairo, company head Sabah Mashaly said. The consortium comprises China Energy Engineering Group Zhejiang Thermal Power Construction, Tebian Electric Apparatus (TBEA), and\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=550266"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550266\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/550257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/550267"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=550266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=550266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=550266"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=550266"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=550266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}