The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Kuwait Fund for Arab Economic Development have signed an additional financing agreement valued at KWD 8 million to support the project aimed at enhancing the GCC power interconnection system and linking it with the southern Iraq electricity grid.
The additional financing will contribute to strengthening regional electricity infrastructure, supporting the growing demand for power, and improving grid stability across GCCIA member states. The project also enhances network readiness, ensuring reliable and sustainable electricity supplies at all times.
Furthermore, the initiative plays a key role in regional energy cooperation by extending interconnection to southern Iraq, reinforcing energy security and cross-border integration.
GCCIA has progressed major regional interconnection initiatives. Recent contracts were signed to expand the power link with the United Arab Emirates and Oman, including new 400 kV transmission lines and substations to enhance energy security and promote economic integration across the Gulf. These works will increase grid efficiency and help transition toward clean, resilient energy systems, with construction scheduled from late 2025 to 2027. (read more)
