Hitachi ABB Power Grids consortium bags deal for Saudi-Egypt electricity

Hitachi ABB Power Grids has announced that it is the lead in a consortium that has been awarded a major contract worth several hundreds of millions of US dollars from the Saudi Electricity Company and the Egyptian Electricity Transmission Company.

The award is for the first ever large-scale HVDC inter-connection in the Middle East and North Africa, enabling the Kingdom of Saudi Arabia (KSA) and the Arab Republic of Egypt to exchange up to 3,000 MW of electricity – much of which is expected to be generated from renewable energy sources in the future.