Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

KSA-Egypt power grid tenders set for 2014  Join our daily free Newsletter

MENAFN - Arab News - 14/12/2013
No. of Ratings : 0
Add to Mixx!

(MENAFN - Arab News) Tenders for a 1.6 billion power grid that will enable Egypt and Saudi Arabia to share electricity will be launched early next year and construction will start in 2015, Egypt's electricity and energy ministry said.

"Beginning 2014 the tenders for implementation will start to be launched... Actual implementation on the ground will not start before 2015," ministry spokesman Latham Khalil said, adding that construction would take two years to complete.

The project aims to allow power trading between two countries.
Peak-time summer power consumption in Saudi Arabia falls between noon and mid afternoon, when air conditioners are used most intensively, while in Egypt the peak is after sunset.

The project will allow the countries to share up to 3,000 MW.
Egypt will cover around 40 percent of the cost while Saudi Arabia will cover the remaining 60 percent.

Saudi Water and Electricity Minister Abdullah Al-Hussayen, Egyptian Prime Minister Hazim Al-Biblawi and Electricity Minister Ahmad Imam attended the signing ceremony.


Arab News

  MENA News Headlines
 Oct 13 2015 - France signs deals worth $10 bn with Saudi ArabiaAFP
(MENAFN - AFP) France on Tuesday announced a series of deals worth 10 billion euros ($11.4 billion) with Saudi Arabia, reinforcing growing ties between the two countries. Prime Minister Manuel Valls ...

 Oct 13 2015 - 27 Palestinians killed since beginning of OctoberJordan News Agency
(MENAFN - Jordan News Agency) The number of Palestinians who have been killed since the beginning of October due to confrontations with Israeli occupation forces in the West Bank, occupied Jerusalem ...

 Oct 13 2015 - Jordan- Social development minister, Saudi counterpart discuss cooperationJordan News Agency
(MENAFN - Jordan News Agency) Minister of Social Development Reem Abu Hassan on Tuesday, discussed with Saudi Minister of Social Affairs Majid Al Qasabi, means to boost social cooperation between the ...

 Oct 13 2015 - Two Israelis killed, 16 others injured in occupied JerusalemJordan News Agency
(MENAFN - Jordan News Agency) An Israeli soldier was killed and 16 others were injured in a shooting an stabbing attack carried out by two Palestinians inside an Israeli bus in Jabel Mukaber ...

 Oct 13 2015 - UAE- Nedaa to feature latest technological innovations in LTE mobile broadband communications at GITEXEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 13th October 2015 (WAM) -- Nedaa the Dubai Government's professional communication corporation has announced its participation in the 35th edition of ...

 Oct 13 2015 - UAE- RAK Ruler receives Secretary General of the Supreme Council of the UnionEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) RAS AL-KHAIMAH 13th October 2015 (WAM) -- H.H. Sheikh Saud bin Saqr Al Qasimi Supreme Council Member and Ruler of Ras al-Khaimah today received Hamad Abdul ...

 Oct 13 2015 - Mohammed bin Rashid pays his respects on death of martyr Sultan Al MazrouieEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) KALBA 13th October 2015 (WAM) -- Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has offered ...

 Oct 13 2015 - UAE- Eye on Earth Summit calls for practical action to support 2030 sustainable development agendaEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 13th October 2015 (WAM) -- The second Eye on Earth Summit has concluded with a commitment from delegates to implement a number of mechanisms ...

 Oct 13 2015 - Yemeni Minister of Human Rights: UAE plays a major role in restoring stability in YemenEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) CAIRO 13th October 2015 (WAM) --Yemen's Minister of Human Rights Izz Al-Din Al-Asbahi has praised the leading role played by the United Arab Emirates in ...

 Oct 13 2015 - UAE- EGA sponsors Montessori Model United Nations conference to empower tomorrow's leadersEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 13th October 2015 (WAM) -- As part of its commitment to supporting education initiatives in the UAE Emirates Global Aluminium EGA sponsored 150 ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help