Efforts to secure energy sourcesby Simran Vedvyas | 13-02-2018 00:58 |
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Sharing one very important fact : The UAE (ENG) projects coincides with the development of the Gulf Cooperation Council (GCC) Interconnection Grid that will link Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE under one regional grid.
The UAE contributed AED 800 million to the AED 5.1-billion project to build regional power grid, which is expected to save the participating countries up to AED 18.4 billion (USD 5 billion) in electricity costs over its lifetime and will lay the foundation for a common GCC energy market. Source Credit and reference : https://government.ae/en/information-and-services/environment-and-energy/environmental-protection |