An Egyptian government official announced that Egypt and Saudi Arabia have completed 60% of the implementation of the $1.8 billion electricity interconnection project between the two countries.

The first phase of operation is scheduled to begin in July 2025, while the project’s full capacity of 3,000 megawatts is expected to be reached by early 2026.

This massive project is a significant step toward strengthening bilateral cooperation between Egypt and Saudi Arabia and opening new horizons for electricity exchange between the two countries.

The project also enables the export of electricity to Asian and European countries and interconnection with neighboring countries, thus contributing to enhancing energy security in the region.

Egypt’s electricity sector is currently suffering from a shortage of natural gas supplies, which has led to the implementation of a load-shedding system where power is cut off for specific periods in various parts of the country.

The electricity interconnection project with Saudi Arabia is expected to help alleviate Egypt’s electricity shortage and improve the stability of the national grid.

The project consists of three large high-voltage converter stations: the first in eastern Saudi Arabia, the second in Tabuk, and the third in Badr City, east of Cairo, along with 1,350 kilometers of overhead lines and submarine cables. The project is being implemented by a consortium of three international companies.