Power station sale to reduce prices

Eshkol Power ENergies has bought the 1,680-megawatt Eshkol natural gas power plant in Ashdod from public-owned Israel Electric for over NIS 12 billion. Part of the proceeds will be used to reduce electricity prices. It is the IEC’s 4th sale, to encourage competition in the energy sector.

https://www.timesofisrael.com/israel-electric-sells-eshkol-power-plant-to-private-group-for-over-nis-12-billion/

This entry was posted in Economy & Business. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *