Edition:
India

Red Electrica To Work On Third Power Link Between Spain And Morocco


Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Red Electrica Corporacion SA ::WINS DEAL WITH MOROCCAN COUNTERPART ONEE TO STUDY AND ANALYSE THIRD POWER LINK BETWEEN SPAIN AND MOROCCO.INVESTMENT AMOUNTS TO 150 MILLION EUROS, OF WHICH 75 MILLION EUROS CORRESPONDS TO SPAIN.PROJECT COMMISSIONING SHOULD BE READY BEFORE 2026.THE POWER LINK COULD PRODUCE REVENUES FOR SPANISH ELECTRICITY SYSTEM OF 140 MILLION EUROS FROM TOLLS AND RENTS. 

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