Covid-19 delays Saudi-Egypt Interconnector
Due to the coronavirus outbreak, the Egyptian Electricity Transmission
Company (EETC) has extended the tender closing date for the contract to
build the infrastructure for its Saudi-Egypt interconnector. The tender
was issued at the end of February 2020 .
Seven companies were invited to participate in the bidding process namely:
El Sewedy, State Grid, Kalpataru, Hyundai, NCC, L&T, and KEC.
All the contracts were expected to be signed before the end of May 2020.
However, now they might be delayed for approximately 40 days. The
aiming for a daily exchange of 3 GW of electricity at peak times.
The current stage includes completing the tenders put forward to implement
project tasks which were agreed upon separately. All contracts will be
signed at the end of May 2020, said EETC Head, Sabah Mashali in previous
statements to an Egyptian news outlet.
Mashali added that a consulting company was chosen to carry out the marine
survey of the cables’ track for the electrical interconnection project
between Egypt and Saudi Arabia, after modifying it to implement the “NEOM”
In a new marine survey, the consulting company has determined the point
at which cables will descend based on a path Saudi Arabia sent to the EETC.
estimated to cost $1600 million, of which Saudi will share $1000 million.
Each country would bear the cost of the work done on its land.
This is the third delay in the project
so far; due to political instability in Egypt, and recently to changes
in line's route to adjust with Saudi Arabia's NEOM gigaproject.