Iran cuts off electricity to sweltering Iraq due to unpaid fees: Ministry
John J. Catherine |
3 hours ago
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Many in Iraq must rely on private neighborhood generators as the national system is unable to provide the required amount of energy. (Photo: Archive)
Iran Iraq Baghdad
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ERBIL (Kurdistan 24) – Iraq’s electricity ministry said on Friday that the portion of the national power supplied by Iran had been cut off du
Iraq bank, Stanchart, GE close $600m power finance deal
DUBAI, 4 hours, 12 minutes ago
Trade Bank of Iraq (TBI), Standard Chartered Bank and General Electric have jointly closed a $600 million financing agreement that funded an ambitious electricity project 'Power Up Plan' implemented across Iraq.
The government’s ‘Power up Plan’ comes as a major part of the country’s ongoing rebuilding and modernisation plans, said a statement from TBI.
Being implemented in two pha