In 1999, Palestine Electric Company (PEC) was formed in the Palestinian territories as a subsidiary of Palestine Power Company LLCto establish electricity generating plants in territories under PA control. In 2010, PADICO Holdings, PEC and other Palestinian companies formed the Palestine Power Gener
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Palestine Electric Company (PEC) is a public shareholding company established in 1999 in accordance with Palestinian laws to operate power generating plants in Palestinian territories. PEC owns Gaza Power Generating Company (GPGC), the sole Palestinian supplier of
In Gaza, the Palestine Electric Company (PEC), under its Gaza Power Generating Company (GPGC), operates a power station, the Gaza Power Plant, which currently operates at partial capacity only due to reliance on less efficicient diesel fuel (versus natural gas) and limited funds for the purchase of diesel fuel.
A group of Palestinian investment institutions, companies, and banks led by the Palestine Investment Fund established the Palestine Power Generation Company as a public limited company and registered in Ramallah in 2010 with the aim of localizing investment in the Palestinian energy sector and establishing the Jenin power plant as the first
OverviewElectricity generationPetroleumElectricity importsElectricity transmissionElectricity distributionHistoryDebt to IEC
In 1999, Palestine Electric Company (PEC) was formed in the Palestinian territories as a subsidiary of Palestine Power Company LLC to establish electricity generating plants in territories under PA control. In 2010, PADICO Holdings, PEC and other Palestinian companies formed the Palestine Power Generation Company (PPGC) to build power plants in areas under PA control, and to reduce P
PEC was established in Gaza in 1999 as a public shareholding company, with a paid-in capital of USD 60 million. PEC''s scope includes establishing electricity generating plants in the territories of the Palestinian National Authority and to carry out all operations necessary for the production and generation of electricity .
The Company established its subsidiary "Gaza Power Generating Company (GPGC)" in Gaza, which has an exclusive right from PNA to generate electricity in the Gaza Strip. PEC Main Objectives: Establishing electricity generating plants in
In 2010, PADICO Holdings, PEC and other Palestinian companies formed the Palestine Power Generation Company (PPGC) [16] to build power plants in areas under PA control, and to reduce Palestinian dependence on imported energy.
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