IEC
Company Details
Employees
11,000
Founded
1923
City
Haifa
Country
Israel
Total Funding
Not Available
Phone
'+972 4-818-4700
Haifa,
Israel
About IEC
The Israel Electric Corporation (IEC) is the primary electricity supplier in Israel and the sole vertically integrated electric utility. Established in 1923, the company has a rich history of over 100 years and is predominantly owned by the State of Israel. IEC is responsible for the entire electricity infrastructure in the country, including power generation, transmission, and distribution. IEC operates 15 power stations with a total capacity of approximately 10.5 GW, supplying about 51% of Israel's electricity. The company serves around 2.6 million clients, including 2.4 million households, and employs over 12,000 people. It also provides customer service solutions, such as self-service kiosks for bill payments and outage information. Looking ahead, IEC plans to invest between $1-1.5 billion annually from 2023 to 2027 to enhance its transmission and distribution infrastructure, aiming to meet growing electricity demand and support renewable energy initiatives.
Expertise & Keywords
Featured EPC Projects
IEC - Major electrical/electronic manufacturing Development
Major electrical/electronic manufacturing project showcasing IEC's engineering excellence and project management capabilities. This landmark project demonstrates leadership in electrical/electronic manufacturing sector.
IEC - electrical/electronic manufacturing Infrastructure Project
Major electrical/electronic manufacturing project showcasing IEC's engineering excellence and project management capabilities. This landmark project demonstrates leadership in electrical/electronic manufacturing sector.
IEC - electrical/electronic manufacturing EPC Initiative
Major electrical/electronic manufacturing project showcasing IEC's engineering excellence and project management capabilities. This landmark project demonstrates leadership in electrical/electronic manufacturing sector.