HomeNewsMorocco to construct US $800m undersea electricity cable

Morocco to construct US $800m undersea electricity cable

Morocco and Portugal are set to construct an undersea electricity cable connecting between the two countries at a cost of US $800m.

Portuguese Secretary of State for Energy Joao Galamba confirmed the reports and said that the two countries are conducting feasibility studies and upon completion there will be a call for tenders to build the electricity cable.

Search for construction leads
  • Region/Country

  • Sector

“Construction of the 250 kilometers cable will rely on a US $800m investement. The two governments are planning to disburse a budget ranging from US $686m to US $800m and the flows will go in both directions depending on our needs” said Joao Galamba.

Also Read:Undersea gas pipeline fires Egypt’s regional energy dreams

Undersea electricity cable

The electricity project between Portugal and Morocco is the second of its kind between a European country and the North African country after the launch of a subsea electricity project between Morocco and Spain since 1997.

According to Spanish electricity company Red Electrica De Espana, which is linked to the Portuguese system with North Africa, through Morocco, electricity exchange with neighbouring countries provides greater security of supply, increased efficiency and competition between neighbouring systems.

Through the project, Rabat and Lisbon plan to enhance cooperation on renewable energy development. In May, Morocco’s Minister of Energy Aziz Rabbah said that Morocco is committed to reinforcing relations with Spain to benefit from electricity supply to meet Morocco’s demands.

Morocco produces 28,000 GWh of electricity and imports the rest from Spain. Galamba added that after the launch of the project, Portugal will export a little bit more than Morocco but after a few years it will be the opposite.

 

Must Read

Plans approved for construction of 32-storey tower at Leadenhall Market in London

Plans have been approved for the construction of a 32-storey tower at Leadenhall Market in London. The Square Mile's "tourist appeal" will be boosted...

Construction of US$ 200M solar panel manufacturing plant in Ohio in the pipeline

Plans are underway for the construction of a US$ 200M solar panel manufacturing plant in Ohio. The facility is set to be built by...

Ground breaks for electric vehicle (EV) battery giga factory in Kokomo, Indiana

A groundbreaking ceremony has been held for a new electric vehicle (EV) battery giga factory in Kokomo, Indiana. The project is developed by Stellantis in...

Construction begins on the Kennedy Expressway, Chicago

The next week will see the start of a three-year construction project on the Kennedy Expressway. Up until July, certain sections of the two...

Dosti Realty Launches The Dosti Eden Residential Project

Leading real estate builder and developer in Mumbai and Thane Dosti Realty, has launched phase 2 of the Dosti Eden Residential Project. Similar to the...

Brightline West, Los Angeles to Vegas High-Speed Rail

After reaching an agreement with a group of significant labor unions, Brightline, the corporation behind the project, expects construction on the bullet trains to...

LEAVE A REPLY

Please enter your comment!
Please enter your name here