The start of the privatization of electricity distribution: a deal with General Electric and the study of synchronous interconnection with Iran


01/26/2016

Union: The Ministry of Electricity, on Monday, to approve the deal with the US General Electric company, worth about $ 328 million to increase electricity production by a thousand megawatts, while the ministry embarked on a project to privatize the distribution sector, while the announcement of the formation of a joint committee to work with the Department of Energy Iran to study the "synchronous linkage" between the Iraqi and Iranian electricity system, announcing the continuation of cooperation and address the obstacles related to financial receivables.
A spokesman for the Ministry of Electricity Musab teacher, told Reuters, that "Iraq agreed to a deal with General Electric, worth about $ 328 million to increase electricity production by a thousand megawatts, noting that" Baghdad will be spent company benefits on deferred payments within three years starting from 2017 ". He pointed out that "GE will provide the necessary equipment and maintenance of the ten power plants in the country."
On the other hand, announced the Ministry of Electricity, on Monday, about to begin the privatization of energy, at a time determined Zayouna as the first area of ​​the capital for the coverage of this, the ministry said in a statement it had "begun a project to privatize the distribution sector of electric power," noting that "the purpose behind it It is to get rid of corruption and ensure equitable distribution between regions and the stability of the electrical system. " The ministry added, "it was the assignment of a single patch for privatization included Zayouna area after it has been split over Iraq to 180 patch", calling for all who want to "access to this sector may submit their applications to the ministry."
The ministry has followed "the assignment of all the patches will be organized collection and there will be an increase in imports of electricity, which is clearly reflected in the rationalization of consumption and thus the stability of the electricity system and increase the hours of processing."
It is said that the Ministry of Electricity had been confirmed, in 2012, that the project of smart measures that the ministry is seeking to apply to exclude areas of the pieces programmed according to a new pricing depends on Kartat prepayment.
Furthermore, the Iraqi Ministry of Electricity Monday announced the formation of a joint committee to work with the Iranian Ministry of Energy to study the "synchronous linkage" between the Iraqi and Iranian electricity system for the benefit of Iran's productive capacity in the months of peak load.
The ministry said in a statement that "the Minister of Electricity Qassim Mohammed Fahdawi received in his office, at the headquarters of the ministry on Monday, Undersecretary of the Ministry of Energy of Iran Falah Eitan and his accompanying delegation, and discussed with him ways of joint cooperation between the Iraqi Ministry of Electricity and the Ministry of Iran's energy" and accept the minister, according to the statement "reality the national electricity system, "stressing" the number of paragraphs for the work of Iranian companies, and ways to urge them to provide the best, students from the Undersecretary of Iran held a meeting with these companies, to address the negatives in their work, as well as discuss improving landing voltages of lines to import Iranian power "mechanisms He expressed optimism that "the attribution of the Iranian side in this regard."
For his part, asked Undersecretary of the Ministry of Energy of Iran from Iraq, "the need to seek to pay part of the dues Iranian companies owed by the Ministry of Electricity," said the statement, "During the meeting they agreed to form a joint working committee between the Iraqi Ministry of Electricity and the Iranian Ministry of Energy, headed by the Iraqi side Undersecretary for projects Adil Humaid, to visit Iran and discuss Palmtalqat between the two ministries, and agree on a synchronous link between the Iraqi and Iranian electricity system, in order to take advantage of Iran's productive capacities in the months of peak load. "
Furthermore, the Iraqi Ministry of Finance said on Monday that Baghdad underlines the continued cooperation with Tehran to address the obstacles and accruals Iranian companies, despite the financial crisis. Finance said in a statement that "the Finance Minister Hoshyar Zebari met on Monday Hooshang Flaanaan Deputy Minister of Energy of the Islamic Republic of Iran" During the meeting, according to the statement, "research and exchange views and experiences in the field of electric power and the extent of support that may be provided by Iran in this area," he added "It was also emphasized continued cooperation and address the obstacles related to financial receivables from the Iranian private sector companies in spite of the difficult financial circumstances faced by Iraq at the present time."

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