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Electricity: we provided $ 6 million in network Basmajh contract

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Rocky


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Electricity: we provided $ 6 million in network Basmajh contract




Thursday 19-11-2015

Twilight News / inspector in the Ministry of Electricity Alaa Muhyiddin announced on Thursday that his office's efforts have been successful in providing an amount of $ 6 million to the state treasury of Basmajh residential project in the capital, Baghdad.

Muhyiddin said in a statement responded to Twilight News, the Swiss ABB company that was forced to reduce the price to create a network of 400 KV station in a Proxy Basmajh investment of $ 132 million to 126 million.

He explained that his office intervened after the monitoring violation to refer the contract to the company mentioned an amount exceeding the cost of speculative network for $ 6 million, seeking to re-examine the decision of referral, which led to the decision of a new referral after tough negotiations with the ministerial committees company was forced evacuated to decline from the previous price.

Muhyiddin added that this achievement is as a new answer to the voices that claim that the inspection offices constitute a burden on the state treasury. Noting that the provider amount roughly equivalent to the total annual budget for the Office for the next three years.

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