– The $1.8 billion electricity interconnection project between Egypt and Saudi Arabia is 60 percent complete, with operations slated to begin in July 2025 and the exchange of up to 3,000 MW of power by early 2026.

– The project includes three high-voltage transformer stations (two in Saudi Arabia and one in Egypt) and involves the installation of 1,350 kilometers of overhead lines and additional marine cables.

– Key financial and technical support includes a $103 million “green” loan from the Japan Bank for International Cooperation (JBIC) in March 2023 and a partnership with Hitachi Energy and local firms in Saudi Arabia and Egypt since November 2021.

The $1.8 billion electricity interconnection project between Egypt and Saudi Arabia is now 60 percent finished.

The initial phase is set to start operations in July 2025, with the interconnection enabling the exchange of up to 3,000 megawatts (MW) of electricity by early 2026.

This project includes three major high-voltage transformer stations, with two located in Saudi Arabia and one in Egypt, according to Bloomberg Ashraq.

The overhead power lines span nearly 1,350 kilometers, complemented by additional marine cables.

Currently, the project is in the process of installing 22-kilometer-long large pipes in the Red Sea, which will house eight underwater cables linking Saudi Arabia and Egypt.

In March 2023, the Japan Bank for International Cooperation (JBIC) announced it would extend a “green” loan of $103 million to the Saudi Electricity Company (SEC) for the project.

In November 2021, Hitachi Energy, based in Switzerland, declared its collaboration with local companies in Saudi Arabia and Egypt to execute the interconnection project.