News Briefs

  5/8/2014, Iyar 8, 5774

Eastern Jerusalem Electric Owes IEC NIS 500 Million

The Israel Electric Company filed suit in the Jerusalem District Court, Thursday, against the Eastern Jerusalem Electric Company for 531.8 million shekels ($154.3 million). The amount is for unpaid bills going back to October.

The two sides have met without success with Palestinian Authority officials in an attempt to get payment of the uncontested bills.