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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq gets two foreign loans to improve electricity performance in the country

    Rocky
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    • Post n°1

    Iraq gets two foreign loans to improve electricity performance in the country Empty Iraq gets two foreign loans to improve electricity performance in the country

    Post by Rocky Fri 02 Feb 2018, 3:41 am

    Iraq gets two foreign loans to improve electricity performance in the country
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    The Ministry of Trade and Export Development of Britain has reached an agreement within the memorandum of understanding signed between Iraq and Britain to provide 210 million dollars to Iraq, in cooperation with Switzerland, dedicated to improving the electric power sector throughout the country.
    The ministry said in an official statement read by "Iraq News News", where Britain confirmed the words of the Minister of Energy and Export Development, "Baroness Verheide," that his ministry will provide to Iraq the amount of 105.4 million dollars directly as a loan, while the Swiss Agency official, a similar amount, To finance Iraq with new liquidity exclusively for improving the power sector.
    The funding is provided to the British company BG Global, which will improve the performance of power turbines at the main stations of Najaf, Babel, Qadisiya, Karbala, Baghdad and Basra.
    It is noteworthy that the British company will maintain and improve electrical performance in order to reach the production of 6.5 gigawatts of energy produced, and then begin distribution of homes and businesses for citizens.


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    Rocky
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    • Post n°2

    Iraq gets two foreign loans to improve electricity performance in the country Empty Iraq gets two foreign loans to improve electricity performance in the country

    Post by Rocky Fri 02 Feb 2018, 3:52 am

    Iraq gets two foreign loans to improve electricity performance in the country
    February 02 2018 12:20 PM
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    [rtl][rtl]Electricity crisis[/rtl]
    [/rtl]
    Baghdad Post
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    The Ministry of Trade and Export Development of Britain has reached an agreement within the memorandum of understanding signed between Iraq and Britain to provide 210 million dollars to Iraq in cooperation with Switzerland dedicated to improving the electric power sector throughout the country.
     
    The ministry said in a statement that Britain had confirmed to the Minister of Energy and Export Development Baroness Verheide that his ministry would provide Iraq with 105.4 million dollars directly as a loan, while the Swiss Agency provides a similar amount as a guarantor of the bank JP Morgan International Finance Iraq with new liquidity exclusively dedicated to improve the sector electricity.
     
    The financing will be provided to the British company GE Global, which will improve the performance of power turbines at the main stations of Najaf, Babel, Qadisiyah, Karbala, Baghdad and Basra.


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