Economy News Update – Baghdad
Minister of Electricity Ziyad Ali Fadel announced on Sunday a significant agreement with Turkish Energy Minister Alp Arslan Bayrakdar to elevate electricity supply via the Iraqi-Turkish interconnection line to 600 megawatts.
According to a statement from the Minister’s media office, the discussions took place at the Ministry’s headquarters in Baghdad, attended by the Turkish ambassador to Iraq, Anil Bora Inan. During this meeting, both ministers explored opportunities for enhanced cooperation and partnership between Iraq and Turkey, particularly in the energy sector, focusing on the transportation, distribution, and development of shared electrical networks. Fadel reiterated his invitation to Turkish companies specializing in renewable energy to engage in projects within Iraq.
The Minister emphasized that the Ministry of Electricity has finalized all logistical and infrastructural prerequisites to facilitate the increase in power supply through the linking line. He proposed the establishment of a joint high-level technical committee dedicated to overseeing the implementation of the meeting’s outcomes.
He indicated that the Iraqi government, led by Prime Minister Mohammed Shia Al-Sudani, is actively pursuing an integrated strategy to diversify energy sources. This multifaceted approach encompasses a range of projects aimed at strengthening electrical connections with neighboring nations, developing complex cycle projects, and expanding solar energy initiatives across various provinces.
In response, the Turkish minister noted that electricity supplies along the joint line would increase to 600 megawatts in the coming months. He highlighted Turkey’s commitment to fostering collaboration with Iraq across various sectors, particularly in energy.
It is noteworthy that in July, the Iraqi and Turkish governments successfully activated the joint electrical connection line (Kisk – a 400 kV line), which currently provides 300 megawatts of electricity to Iraq.
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