No Picture
International News

Iraq to import electricity from Turkey

Iraq has announced that it plans to commence importing electricity from Turkey, following the grant of initial approval by the European Union (EU). The EU approval was required as Turkey’s grid is interconnected with that […]

No Picture
Central Sector

PSU banks agree to back stressed power companies

Reportedly, government-owned banks have agreed to finance distressed power companies undergoing insolvency proceedings after being nudged by the finance ministry, in order to help enhance electricity supplies.   Lenders will provide working capital loans primarily to […]