Esmat affirmed Saudi Arabia's backing for the project, stating that progress continues on both ends in accordance with the agreed timeline.
The electrical interconnection project between Egypt and Saudi Arabia is expected to start operating early next summer, according to a statement by Minister of Electricity and Renewable Energy, Mahmoud Esmat.
This project aims to establish a collaborative energy exchange system that leverages the disparity in peak times and increased loads between the two countries.
Furthermore, the project will focus on optimizing efficiency, effectively managing surplus electricity, and enhancing the overall stability of the electrical grids in Egypt and Saudi Arabia.
Esmat affirmed Saudi Arabia's backing for the project, stating that progress continues on both ends in accordance with the agreed timeline.
This came during his meeting with the Minister of Energy of Saudi Arabia, Abdulaziz bin Salman bin Abdulaziz.
During the meeting, both sides agreed to form joint working committees to communicate, follow up, and benefit from the development of the electricity network in the two countries.
The meeting touched on the importance of opening new horizons and increasing private investments in new and renewable energy projects to invest in solar and wind energy projects.
The project involves the construction of three large high-voltage transformer stations strategically located in Tabuk, a city in Saudi Arabia's eastern region, and Badr City, situated east of Cairo, Egypt. These stations will be interconnected through overhead lines spanning approximately 1,350 kilometers, supplemented by marine cables.
