05 December 2019
Iraq is planning to spend nearly $1.9 billion on projects to develop electricity transmission and distribution facilities, the official Alsabah daily said on Thursday.
The Electricity Ministry has asked the cabinet to approve the funds for the projects, which will be launched before May 2020, the paper said, quoting the Ministry's spokesman Ahmed Al-Abadi.
"This is an urgent plan which must be executed before next summer as the transmission and distribution networks are suffering from old age and overuse," Abadi said.
He said the Ministry had prepared a plan to ensure the projects are executed on time and that funds would be allocated outside the Ministry's budget.
(Writing by Nadim Kawach; Editing by Anoop Menon)
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