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Read More »ADFD, GCCIA sign AED752m pact to expand GCC power grid with UAE
ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) has signed a financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to support the expansion of the GCC power grid interconnection with the UAE’s national grid. Valued at AED752 million (US$205 million), the agreement aims to strengthen regional energy security and catalyse power exchange between the UAE and …
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