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IEC ends power cuts to West Bank after Palestinians pay debt

Israel Electric Corporation wasIsrael Electric Corporation stops the cuts after Palestinian electric company "transfers $214.21 million of debt accumulated by the Palestinian Authority since 2016," says IEC Chairman Yiftah Ron-Tal. stopping the cuts after Palestinian electric company "transfers $214.21 million of debt accumulated by the Palestinian Authority since 2016," says IEC Chairman Yiftah Ron-Tal.

by  Reuters and Israel Hayom Staff
Published on  01-22-2020 11:08
Last modified: 01-22-2020 12:30
IEC ends power cuts to West Bank after Palestinians pay debtReuters/Mussa Qawasma

An Israeli power distribution plant in Hebron | Photo: Reuters/Mussa Qawasma

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Israel's state-owned electric company said on Wednesday it was ending power cuts to the West Bank after the Palestinians' main power distributor paid off a chunk of debt.

Israel Electric Corporation began sporadic, three-hour power cuts on Dec. 18 to press for payment of some $519 million owed by the Jerusalem District Electricity Company.

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Palestinians in the West Bank rely on the IEC for over 95% of their electricity supply. The cuts led to power outages in the cities of Ramallah and Bethlehem, affecting an estimated 130,000 people, according to JDECO.

IEC Chairman Yiftah Ron-Tal said the company was stopping the cuts after "JDECO transferred 740 million shekels ($214.21 million) of debt accumulated by the Palestinian Authority since 2016."

IEC Chairman Yiftah Ron-Tal (Gideon Markowicz)

JDECO buys electricity from IEC and then sells it to customers in the West Bank.

JDECO signed a loan agreement with several Palestinian banks in order to pay off the debt it owed, said Mansour Nassar, the company's assistant general manager for technical affairs.

The Palestinians have tried to reduce what they call their dependence on Israel for energy, in part through state- and private sector-funded solar energy projects and plans to build their own power plants.

Tags: IsraelIsrael Electric CorporationPalestinians

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