Egypt, Jordan renew electricity exchange contract for 2026

The agreement is part of Egypt’s plan to become an energy transmission and exchange hub. It also aims to improve electrical interconnectivity between Asia, Africa, and Europe and enhance the operational performance and efficiency of Egypt’s national electricity grid and the quality of its electricity supply.

Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat and Jordan’s Minister of Energy and Mineral Resources Saleh Al-Kharabsheh attended the signing ceremony.

The contract renewal is based on a previously signed memorandum of understanding between the electricity ministries in Egypt and Jordan, whereby Egypt supplies Jordan with electricity, according to the statement.

Egypt earmarked EGP 136.3 million for investments in the electricity and renewable energy sector during FY2025/2026. The country aims to achieve 99.8 percent electricity coverage, increase annual generation capacity to 235 billion kWh, from 229 billion kWh two years ago, and add 1,200 megawatts of new thermal power generation.

Al-Kharabsheh explained that Egypt and Jordan are working on increasing the capacity of the connection line between them to 2,000 megawatts, as part of the electricity interconnection between Arab countries project.