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What is Israel Electric Corporation mean?
Israel Electric Corporation (Hebrew: חברת החשמל לישראל, abbreviation: IEC) is the largest supplier of electrical power in Israel. The IEC builds, maintains, and operates power generation stations, sub-stations, as well as transmission and distribution networks.
The company is the sole integrated electric utility in the State of Israel. Its installed generating capacity represents about 75% of the total electricity production capacity in the country. It transmits and distributes substantially all the electricity used in Israel, including power generated by other producers. The State of Israel owns approximately 99.85% of the company.
referencePosted on 21 Dec 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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