Investor Presentaiton
The Sector Reform Timeline
B
Gov' Decision on Reform
Sale of Alon
Done
Tavor site
Done
Done
In process
Sale of 'Ramat Hovav' site
Sale of 'East Hagit' site
Sale of "Eshkol❞ site
Delay in
חברת החשמל
Israel Electric
In discussions
schedule
Layout for continued operation of Reading site (in accordance with the Arrangements Law)
By the
year
2032
Submitting a plan in Reading site for
Done
two new CCGT, before depositing
Done
Separation of the System Management & PDT
Commercial
In process
Construction of the first NG fired CCGT H (unit 70) at 'Orot Rabin' site
operation (¹)
Commercial
operation (¹)
In process
Construction of the second NG fired CCGT H (unit 80) at 'Orot Rabin' site
In process
Transfer of 'Area D'
Possession transferring
subject to milestones
standing in an
agreement
In process
Preparations for a pilot in the supply segment
Pilot in the supply segment
Preparations for opening the electricity sector
to full competition (2)
T=0
6/3/18
T=18
12/3/19
T=22
3/31/20
T=30
12/3/20
T=39
9/1/21
T=41
11/1/21
T=48
6/1/22
T=55
1/1/23
T=61 T=64
6/3/23 9/30/23
T=66 T=67
12/3/23 12/31/23
T=72
9/30/24
05/2023
Source: IEC's Financial Statements for Q1.2023
1.
2.
Commercial operation is the date on which the generation unit successfully passed all the acceptance tests of the System Manager as defined in the criteria published by the Electricity
Authority, and the generation license entered into effect.
The Electricity Authority (EA) is intended to open the electricity sector to full competition at the beginning of 2024
Investor Relations
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