IEC Transmission Segment Development Plan 2023-2027 slide image

IEC Transmission Segment Development Plan 2023-2027

Done The Sector Reform Timeline Done Done In process In discussions Gov' Decision on Reform Sale of Alon Tavor site Sale of 'Ramat Hovav' site Sale of 'East Hagit' site Sale of "Eshkol" site Delay in schedule Layout for continued operation of Reading site (in accordance with the Arrangements Law) חברת החשמל Israel Electric By the year 2032 Done Submitting a plan in Reading site for two new CCGT, before depositing Done Separation of the System Management & PDT In process Construction of the first NG fired CCGT H (unit 70) at 'Orot Rabin' site Commercial operation 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' Fortion transferring bject to 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=64 9/30/23 T=66 T=68 12/3/23 01/24 T=72 09/24 08/2023 Source: IEC 's Financial Statements for H1.2023 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 29
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