Saudi Arabia and UAE likely to import electricity from India
The 1,700km subsea cable to Saudi Arabia will cost INR470 billion ($5.5 billion), whereas the 1,400km cable to the UAE will cost INR435 billion, India's power minister Manohar Lal Khattar said.
New Delhi will export 2 gigawatts (GW) each to Saudi Arabia and the UAE, he said.
"We have already signed joint venture agreements with Saudi Arabia and UAE for these projects. The power transmission link with Saudi Arabia will cost 47,000 crore while those for UAE will cost 43,000 crores, he said.
The two transmission projects, part of the government's focus on boosting electricity exports, will have capacity of carrying 2 Gigawatt electricity each.
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