Great interest in electrical interconnection projects to turn Egypt into a regional center for energy exchange

Great interest in electrical interconnection projects to turn Egypt into a regional center for energy exchange
Great interest in electrical interconnection projects to turn Egypt into a regional center for energy exchange

Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy, affirmed the Ministry of Electricity and Renewable Energy’s interest in electrical interconnection with neighboring countries, noting that contracts were signed to award the electrical linkage project between the Kingdom of Saudi Arabia and the Arab Republic of Egypt to increase the reliability of electrical supply between the two countries, in addition to the size of the economic and developmental returns. To exchange up to 3,000 megawatts of electricity at a total cost of about $1.8 billion.

This came when Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy, received Chris Antinopolis, CEO of Lekela Power and his accompanying delegation, to discuss ways to support and enhance cooperation between the electricity sector and the company.

He also referred to the existing linkage with Jordan, Libya and Sudan, in addition to the signing of memoranda of understanding to implement linkage projects with Cyprus and Greece so that Egypt becomes a regional center for energy exchange with Europe and Arab and African countries.

 
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