Egypt is reportedly planning to commission the first phase of the Egypt-Saudi Arabia electricity interconnection project before the end of the second quarter ofEgypt is reportedly planning to commission the first phase of the Egypt-Saudi Arabia electricity interconnection project before the end of the second quarter of

Egypt-Saudi electricity link to meet peak summer demand

2026/04/24 14:39
2 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

Egypt is reportedly planning to commission the first phase of the Egypt-Saudi Arabia electricity interconnection project before the end of the second quarter of 2026.

The final stages of technical testing for the project, with an initial capacity of 1,500 megawatts (MW), have been completed, Al Arabiya reported, citing an unidentified source.

The project aims to help meet Cairo’s rising electricity demand during the summer peak period and support its ambition to position itself as the region’s largest electricity transmission hub.

In February, Egyptian President Abdel Fattah El-Sisi stressed the importance of bringing the first phase online to meet peak summer demand.

The 3,000MW project includes three main converter stations in East Medina and Tabuk, Saudi Arabia and Badr City, Egypt. The stations will be interconnected by overhead lines spanning 1,350 kms. 

In 2021 Egypt and Saudi Arabia awarded $1.8 billion in contracts for the project.

Meanwhile, the second phase of the Egyptian-Sudanese electricity interconnection project is currently being finalised, the report said.

Further reading:

  • Egypt aims to cut deficit but energy subsidies set to rise
  • Egypt to increase renewable energy capacity by 2.5GW
  • Egypt gets more than $100m from EU to modernise power sector

The Toshka 2/Wadi Halfa double-circuit project aims to add 220MW, bringing the total joint exchange capacity to 300MW, the report said.

In April Egypt raised electricity prices for high-use residential consumers and commercial users, driven by the global energy crisis linked to the Iran war.

Higher ​residential and commercial users will pay 16 percent and 20 percent more on electricity charges, respectively.

Opportunità di mercato
Logo ArchLoot
Valore ArchLoot (AL)
$0.002904
$0.002904$0.002904
+0.76%
USD
Grafico dei prezzi in tempo reale di ArchLoot (AL)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

No Chart Skills? Still Profit

No Chart Skills? Still ProfitNo Chart Skills? Still Profit

Copy top traders in 3s with auto trading!