The awarding contracts were signed by Khaled bin Hamad Al-Qunun, CEO of the Saudi Electricity Company, from the Saudi side, and from the Egyptian side, Sabah Mohamed Mashali, chairperson and managing director of the Egyptian Electricity Transmission Company. They consist of the construction of three high-voltage substations, the East Madinah Station, the Tabuk Station in the Kingdom, and the Badr Station in East Cairo, linked by overhead transmission lines with a length of about 1,350 meters and marine cables in the Gulf of Aqaba with a length of 22 km, at a total cost of the project amounted to $1.8 billion. The contracts, which were signed simultaneously between Riyadh and Cairo, included contracts with three consortiums of international and local companies to implement the connection project, which has a capacity of 3,000 megawatts, with a 500 kV HVDC technology. CAIRO – 5 October 2021: The Saudi Electricity Company and the Egyptian Electricity Transmission Company signed Tuesday the awarding contracts of the electrical interconnection project between the Kingdom and Egypt.
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