Iran Says Iraq to Pay $1 Billion Power Import Bill

Iraq's debt to Iran for electricity imports amounts to $1 billion and it is hoped that the debt will be cleared in the near future, a spokesman for the Iran Power Generation, Distribution and Transmission Company (Tavanir) said Saturday.
Mahmoud Reza Haqifam said the Ministry of Energy has assigned Tavanir to follow up the payment issue
Iraq is the biggest importer of Iranian electricity for more than a decade. The Arab neighbor needs more than 23,000 megawatts of electricity to meet....