Jordan, Saudi Arabia sign memo over electricity grid connection project

AMMAN — Jordan and Saudi Arabia have signed a Memorandum of Understanding (MoU) to implement an electricity grid connection project between the two countries, the Jordan News Agency, Petra, reported on Saturday.

Jordan was represented by the Director General of National Electric Power Company (NEPCO) Abdel Fattah Daradkeh while Saudi Arabia was represented by the CEO of the National Grid SA — Saudi Electricity Company Laith Al Bassam.

In a statement to Petra, Daradkeh said that the MoU comes within the framework of the two companies’ efforts to strengthen the Jordanian and Saudi electricity grid networks to serve the technical and economic interests of both countries. He added that the connection will increase the stability and security of electrical systems, providing reliable sources of electricity for consumers of both countries.

Daradkeh stressed that the bilateral cooperation will allow both parties to move towards an open market for electricity with neighbouring countries, which will help secure the electricity supply to these countries and boost their economies.