Utilities - Dammam, Eastern Region, Saudi Arabia
On December 31, 2001 the GCC Countries agreed to establish the GCC InterconnectionAuthority for the purpose of interlinking the power systems of the GCC Countries. As a result, aRoyal decree no. M/21 dated July 28, 2001has been declared to establish the Authority with itsofficial domicile in Dammam, Kingdom of Saudi Arabia.In Year 2002 the Authority marked itself in history by initiating its business throughemployment of staff, undergoing pre-qualification exercise, and the hiring of a consultant toconduct the tendering of the project. In 2005 14 contracts were awarded totaling more than 1billion dollars. Project execution began in November 2005 and ended in early 2009, whereoperations commenced. The project was segregated into three phases: the first phase whichinterconnects Kuwait, Saudi Arabia, Bahrain and Qatar; the second phase is the internalintegration of the UAE and Oman power systems; and the third phase will connect phase onewith phase two. The first phase member states were connected and have recently engaged inpower exchanges amongst themselves. Future prospects will engage the Authority in marketoperations between the GCC states and hence create a regional power market exchange.
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