By John Lee.
The Turkish Energy Market Regulatory Authority (EPDK) has approved the applications of two Turkish companies, Aksa and Kartet, to export electricity to Iraq.
The two companies will have the “equal rights” to export power to the Mosul region of Iraq, using the existing 154 kilovolt (kV) PS3-Zakho power transmission line.
They will export around 2 billion kilowatt-hours annually.
Kartet, a subsidiary of the Turkish conglomerate Karadeniz Holding, used to supply electricity to Iraq between 2003 and 2008, but security issues and a payment row reduced sales.
Hasan Köktaş, the head of the EPDK, said that the Turkish exports of power to Iraq are worth an estimated 400 million Turkish Liras ($212 million).
(Source: Hurriyet Daily News)