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Iraq signs Electricity deal with GCC
(MENAFN- Iraq Business News) By John Lee.
Iraq has reportedly signed a deal with the Gulf Cooperation Council Interconnection Authority (GCCIA) to import electricity at a rate of 500 megawatts of electricity from Sunni Arab gulf countries before next summer, Iraqi Ministry of Electricity spokesperson a told state newspaper on Thurday.
According to Rudaw, the GCCIA will fund the cost of building the two 400-KV lines, which will run for 300 kilometers across Iraq and Kuwait.
(Source: Rudaw)
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