Yemeni-Saudi power partnership [Archives:2003/684/Business & Economy]
Mahyoub Al-Kamaly
The Yemeni state establishment for electricity has taken part in the preparatory meeting held recently by the Kuwait-Based Arab Fund for Social and Economic Development. The meeting discussed the technical aid offered by the Fund that is related to studying the feasibility of the power link between Yemen and Saudi Arabia. The meting has also discussed the reference on the economic feasibility study of the project and the timetable of its implementation.
The Arab Fund for Development appropriated KD 100,000 for funding upgrading of the study concerning the project of power-linkage between Yemen and Saudi Arabia to be finished within the next three months, taking into account the completion of the project in a period ranging between 4-5 years.
On the other hand an analysis is currently conducted of the tenders for the building of a 300 MW gas power station in Safer areas at a cost of $50 million, a good part of it is a cotribution offered by the Arab Fund for Economic Development. Work in the power station project in Safer is expected to begin in period not far from now and it is scheduled that the project construction would be finished by 2005. Another gas power station is also scheduled to be built in Marib at a capacity of 400MW to be constructed according to investment system.
A Saudi delegation from the Development fund headed by Yousuf al-Basam had earlier visited Yemen and got acquainted with maps of the Yemeni electric network system and the measures the State Establishment of Electricity is implementing for improving performance of the Yemeni electric power through reducing the amount of loss and building additional stations in addition to drawing up new plans for distribution of power and to develop the electric network.
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