Iraq closes financing deal for electricity project worth $ 600 million

Iraq closes financing deal for electricity project worth $ 600 million

2018/11/25 11:52

Iraq closes financing deal for electricity project worth 600 millionThe Iraqi Trade Bank, Standard Chartered and General Electric said in a statement on Sunday they had closed a $ 600 million financing deal for an electricity project in Iraq.
The project’s capacity exceeds 2 kW and comes under an Iraqi reconstruction and development plan.
The government is trying hard to bridge the gap between supply and demand in the field of electricity

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