Hitachi-ABB wins $900M order for Egypt-Saudi power link

Hitachi has won a bid to build a 1,350 km high-voltage direct current electric power cable connecting Egypt and Saudi Arabia, valued at $900 million, to exchange surplus renewable energy.

“Japanese industrial conglomerate Hitachi has won a bid to build an electric power cable that will allow Egypt and Saudi Arabia to share surplus electricity generated by renewable sources.”asia.nikkei.com

• 1 source
• asia.nikkei.comHitachi-ABB wins $900m order for Egypt-Saudi power link - Nikkei AsiaYOICHIRO HIROI, Nikkei staff writerOct 6, 2021

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