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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


    One company loses 32 million dollars annually due to “free electricity.” Does the new minister plan

    Rocky
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    One company loses 32 million dollars annually due to “free electricity.” Does the new minister plan Empty One company loses 32 million dollars annually due to “free electricity.” Does the new minister plan

    Post by Rocky Fri Oct 28, 2022 10:53 am


    [size=30]One company loses 32 million dollars annually due to “free electricity.” Does the new minister plan to obtain 10 billion dollars annually from collection?

    2022-10-28
    [/size]
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    Yes Iraq: Baghdad

    The new Minister of Electricity, Ziad Ali Fadel, reviewed all the indicators that disturbed the improvement of electric power in Iraq, but the most prominent axis of his speech focused on poor collection and the loss of distribution companies to financial losses estimated at about 4 billion dinars per month, or approximately 48 billion annually or $32 million annually.
    Fadel said in statements followed by “Yes Iraq”, that “it is the citizen’s right to ask questions about the electricity situation, and he says from 2003 until now, the status of electricity has not changed, and are there really that there are external parties preventing the development of electricity in the country.”
    Fadel continued, by saying: We answer this eternal question, that "the issue is not political or international that impedes the access of electricity to the country, but rather production, planning, financing and a correct and common implementation among all parties."
    Fadel pointed out that “there are stages and plans that will be worked on, and they are of three types: short-term plans in which we will focus on during the first three months of our assumption of work, and based on the energy that we currently have, as we will use it, organize it and distribute it properly to all regions.” .
    The minister noted that there is a "long-term plan, which is the strategy until 2030," noting that "after the approval of the ministry's law in 2017, we had the problem of profit and loss in these companies. The electrical network, so there is a plan that we will implement during the coming period to boost the collection’s imports, and this plan is based on motivating the citizen to pay the electricity collection fees, in order to preserve the electrical network and the permanence of its work.”
    This is the most important topic in which the Minister of Electricity spoke, as the ministry, whose companies lose about 32 million dollars annually, out of the 10 billion dollars the ministry spends annually, only 5% of it returns as levies, which explains the reason for the companies’ loss.
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