The GCC Interconnection Authority (GCCIA) signed a $500 million interim financing agreement with Sohar International Bank to implement a direct electricity interconnection project with Oman. The initiative marks a significant step toward deepening Gulf integration while boosting opportunities for electricity trade among GCC member states.
Building the Infrastructure
The project will see the construction of a 400-kilovolt double-circuit transmission line connecting the GCCIA-owned Al-Sila station in the UAE to a new Ibri station in Oman. Spanning 530 kilometres, the line is designed to strengthen grid resilience and support the flow of power across borders, enhancing overall regional energy security.
Strengthening Oman’s Role
Eng. Mohsen bin Hamad Al-Hadhrami, Chairman of the Board of Directors of GCCIA, said that the project represents a qualitative leap in the integration of electricity networks among GCC countries. He emphasised that it will also reinforce Oman’s role as a pivotal hub for energy exchange in the region.
