Eight companies have submitted bids for a 500 kV high voltage overhead transmission line (OHTL) project in Saudi Arabia. Bidders include Hyundai E&C (South Korea), National Contracting Company (Saudi Arabia), Saudi Services for Electro Mechanic Works (Saudi Arabia), Larsen & Toubro (India), National Petroleum Construction Company (United Arab Emirates), Aetcon (Saudi Arabia), a consortium of Al-Sharif Group and KEC (Saudi Arabia) and Alfanar (Saudi Arabia).
The 900 km-long OHTL, which will go through Medina and Tabuk on route to the Gulf of Aqaba is part of the US$1.6bn project (62.5% Saudi-funded) to connect the electricity grids of Saudi Arabia and Egypt. The interconnector will have a capacity of 3 GW. The two countries signed a Memorandum of Understanding for the project in June 2013. Since then, the interconnector project has faced numerous delays in the tendering design phases. Commissioning is now scheduled in 2023.
Energy and Climate Databases
Market Analysis