A project of strategic importance that will contribute to the “greening” of Europe’s energy mix, giving access to new sources of clean energy, is jointly launched by ADMIE and National Grid SA, through the electrical interconnection of Greece – Saudi Arabia, Saudi Greek Interconnection.
Executives of the Administration of ADMIE, led by the President and CEO Mr. Manos Manousakis, visited the headquarters and facilities of the Energy Control Centers of the Electricity Transmission Operator of Saudi Arabia.
At a meeting of the board of directors of the Saudi Greek Interconnection company that took place in Riyadh, with the participation of the heads of the Administrators, Manos Manousakis and Waleed Al-Saadi, it was decided to announce the technical studies and market studies, as well as special studies for the operation of the interface. The fields in which there can be an exchange of know-how between the Managers were also discussed and it was agreed to set up the corresponding technical groups in the immediate future.
The announcement of the studies will take place in the next few days. After the establishment of the company in February 2024, the technical team established by the two administrators finalized the tender documents in order to announce the relevant studies.
The management of ADMIE also held a meeting with the management of Dawiyat Integrated, a subsidiary of Saudi Electricity Company, with the object of telecommunications, in order to explore the possibilities of synergies with the Group’s telecommunications arm, Grid Telecom.
It should be noted that the partnership between ADMIE and National Grid SA was agreed at an international level, with the establishment of a special purpose company called Saudi Greek Interconnection, in which the two sides participate with a percentage of 50% each.
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