(MENAFN) GCC power grid connectivity will produce USD33bn in investments, economic and energy saving for the bloc in the coming 25 years.
Moreover, the GCC Interconnection Authority proclaimed that the grid interconnection contributed in excess of USD1bn in savings to the GCC states in the past three years.
Recently, GCCIA is working on the development of power market in the GCC region, while it held talks with power exchanges around the world with proven track record.
In 2011, the GCC nations confirmed to establish the GCCIA for interlinking the national power systems, while in 2002, the authority made history by initiating its business amid employment of staff.
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