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FINANCIAL NEWS
Italy to start power imports from Tunisia in 2018
21 Nov 2010
(MENAFN) Italy will be able to import 600,000 megawatt hours (MWh) of power per year from Tunisia starting in 2018 after Tunisia completes a power generating area and an interconnector, Reuters reported.
The power generating area in Tunisia will produce electricity from conventional and renewable sources, Italy’s Industry Ministry Undersecretary Stefano Saglia said in a note carrying his comments in the Tunisia Solar International Conference.
The area will have a generating capacity of 1,200 MW, 400 MW of which will be for the Tunisian market and the rest for Italy, he said.
The interconnector with Italy will have a capacity of 1,000 MW, he said, adding the tender bid for the underwater cable is close.
Italian national grid operator Terna plans to invest 400-500 million euros in the interconnector to Tunisia.
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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