(MENAFN) A USD1.6 billion power grid to enable Egypt and Saudi Arabia to share electricity is being planned, Arabian Business reported.
Egypt's electricity and energy ministry said that tenders for the project will be floated early 2014 and construction is set to commence in 2015.
The ministry spokesman said: "Beginning 2014 the tenders for implementation will start to be launched... Actual implementation on the ground will not start before 2015."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.