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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

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    Discussions with the World Bank to implement the Gulf electrical interconnection line

    Rocky
    Rocky
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    Discussions with the World Bank to implement the Gulf electrical interconnection line Empty Discussions with the World Bank to implement the Gulf electrical interconnection line

    Post by Rocky Sun 08 Aug 2021, 7:21 am

    Discussions with the World Bank to implement the Gulf electrical interconnection line

    •  Time: 08/08/2021 08:06:15
       
    •  Reading: 1,690 times

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    {Local: Al Furat News} Iraq is heading to discuss with the World Bank to finance its obligations related to the completion of the Iraqi-Gulf electrical interconnection line, the first phase of which is expected to be completed in the summer of 2022, while the Ministry of Electricity revealed that government institutions have refrained from paying their due electricity wages which exceed 3 trillion dinars.
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    A spokesman for the Ministry of Electricity, Ahmed Al-Abadi, said in a press interview, "Prime Minister Mustafa Al-Kazemi is directly aware of the Gulf interconnection project and the work plans he carried out in Iraq, as nearly 86% of his obligations have been completed and negotiations are underway in this regard, especially since the length of the connection line It extends for a distance of 300 km, including 220 km inside Kuwaiti territory and 80 km inside Iraqi territory, and this does not mean that the connection should be with the State of Kuwait only, but rather the connection with the Gulf countries through Kuwait.”
    He added that "the establishment of this strategic line will ensure linking the Kuwaiti Al-Zour station with the Iraqi Faw, and as far as the matter is concerned with the Iraqi side, it has completed transmission lines kv132 and the Faw transformer station 400 kv, which is now ready to work and is being searched for financing, and it was agreed with the Gulf Interconnection Authority that it be financed by Gulf credit funds and it will be established at their expense as an investment project and will be concerned with selling energy to Iraq, and according to the need in the first phase, it will be covered in Kuwaiti and Iraqi lands through the Gulf credit funds, and they are now providing guarantees to finance this project for this line.
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