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Iraq’s Basra endorses USD218m power projects

28 Mar 2015

(MENAFN) Iraq’s southern Basra governorate approved 60 new power projects with a value of around USD218 million within its 2015 budget, Emirates 24/7 reported.

The governing council endorsed the projects at an emergency meeting, as it also cancelled a number of projects for 2014 after the central government failed to release the year’s budget.

“The council approved only strategic and important projects for this year with a total value of about USD218 million,” said chairman of the energy committee in the Basra council.

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