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[size=36]Electricity: Energy saving costs the state $ 12 billion annually and three tracks of its improvement plan[/size]
Economy | 08:25 - 01/30/2020
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Baghdad - Mawazine News The
Ministry of Electricity revealed, on Thursday, that providing energy to citizens and ensuring the permanence of operating generating stations cost the state budget about $ 12 billion in government support to the sector.
The ministry spokesman, Ahmed Al-Abadi, said that his ministry "demanded the legislative and executive institutions in three axes that chart a road map for advancing the electricity situation in the country. The first is to amend the companies law in such a way that Iraq cannot participate in the energy sector without attracting the investment sector from the attractive sector because of the non-participation of the investment sector Global in the electricity industry and within the criteria agreed upon, and the proportion of Iraqi employment will be 75 per cent and mobile capital be inside Iraq and not outside it. "
He added, "The second axis provides for adjusting the tariff price, as its price cannot be supported by more than 93 percent, especially since the electricity industry costs the state annually 12 billion dollars, provided as support to citizens, and thus is one of the things that drains the budget" The ministry now only gets 7% of the wages, and there are two million and 800,000 subscribers who have not paid the collection fees. "
And between Abadi, that "the third axis, which the Ministry has requested the legislative and executive authorities to speed up, is to amend the law of the Ministry in a way that allows it to address the current problems, which include energy losses, which amount to 58 percent of distribution networks due to distribution, because of the distribution. Thousands and 600, including 1,000 in Baghdad, "stressing"
Ministry of Electricity revealed, on Thursday, that providing energy to citizens and ensuring the permanence of operating generating stations cost the state budget about $ 12 billion in government support to the sector.
The ministry spokesman, Ahmed Al-Abadi, said that his ministry "demanded the legislative and executive institutions in three axes that chart a road map for advancing the electricity situation in the country. The first is to amend the companies law in such a way that Iraq cannot participate in the energy sector without attracting the investment sector from the attractive sector because of the non-participation of the investment sector Global in the electricity industry and within the criteria agreed upon, and the proportion of Iraqi employment will be 75 per cent and mobile capital be inside Iraq and not outside it. "
He added, "The second axis provides for adjusting the tariff price, as its price cannot be supported by more than 93 percent, especially since the electricity industry costs the state annually 12 billion dollars, provided as support to citizens, and thus is one of the things that drains the budget" The ministry now only gets 7% of the wages, and there are two million and 800,000 subscribers who have not paid the collection fees. "
And between Abadi, that "the third axis, which the Ministry has requested the legislative and executive authorities to speed up, is to amend the law of the Ministry in a way that allows it to address the current problems, which include energy losses, which amount to 58 percent of distribution networks due to distribution, because of the distribution. Thousands and 600, including 1,000 in Baghdad, "stressing"
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