Egypt, Cyprus Sign MoU on Electricity Transmission Network

The South Cairo Electricity Distribution Company and power station is pictured at the Imbaba area in Cairo, September 26, 2014. REUTERS/Amr Abdallah Dalsh (EGYPT – Tags: ENERGY) – RTR47TPU

Egypt and Cyprus on Saturday signed an accord to pursue links between the electricity transmission networks of the two countries.

The ministers of Cyprus and Egypt signed a memorandum of understanding setting out a framework of cooperation from planning to implementation.

At the signing ceremony, Cyprus’s energy minister, Natasa Pilides, said; “For Cyprus, this electricity interconnection with Egypt, one of our valued strategic allies in the region, has the potential to constitute a cornerstone of our efforts to transition to a green economy,”

“Fortifying our electricity grids and allowing the further integration of renewables in our respective energy mix, enhancing the security of our energy supply and enabling us to become exporters of energy, are but a few of the tangible benefits,” Pilides said.

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Earlier in the week, Greece and Egypt signed a similar agreement, which sets the stage for an undersea cable that will transmit power produced by renewables from North Africa to Europe, the first such infrastructure in the Mediterranean

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