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Industry: able to cover 50% of electricity needs
Economical 2023/03/01
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Baghdad: morning
The Ministry of Industry and Minerals revealed that it is able to secure the needs of the Ministry of Electricity by 50 percent of cables and electric wires with better specifications than the imported one.
The Assistant General Manager of Ur Company affiliated with the Ministry, Eng. Ali Hassan Ali, confirmed in a press statement: The production capacity of the cable factories amounts to 20 thousand tons annually, which enables them to cover about 50 percent of the Ministry of Electricity’s needs, noting that the current contracts that are currently being implemented do not exceed 10 percent of their capacity. Due to the lack of supply contracts and requests concluded with the Ministry of Electricity, despite the advantages of its products that enjoy high quality and distinguished specifications that are better than the imported ones in terms of copper purity and insulation according to the tests of the standardization and quality control apparatus.
He called on the Ministry of Electricity to pay its debts owed by the Ministry of Electricity for the implementation of previous supply contracts for several years amounting to 30 billion dinars, which the company needs to provide the necessary cash liquidity to secure the requirements of the production process.
He affirmed the company's readiness to meet all contracts and requests received from the companies of the Ministry of Electricity, other ministries and the private sector with the specifications, required quantities and specific timings, due to its large manufacturing and production capabilities and capabilities, as well as experienced and efficient staff, being one of the industrial companies specialized in the manufacture and production of cables and electric wires at a financial value less than the cost of the importer. With high specifications in support of the local product.
He pointed out that the Ministry of Electricity is the main marketer for the company's products in addition to other ministries and departments and the private sector, pointing out at the same time that UR Company has integrated factories for the manufacture of cables and electric wires of various types, measurements and sizes, including suspended aerial wires, low-density electrical cables, suspended twisted cables and insulated winding wires. In addition to household wires, control cables, and wooden reels that are used for the final packaging of cables.
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