Abstract
LORD READING, the chairman of the Palestine Electric Corporation, said at the annual general meeting on September 5 that electricity has played a leading part in the rapid economic development of Palestine. Last year the Corporation's revenue increased by 64 per cent, and 13,460 new consumers were connected. The generating plant now exceeds 40,000 kilowatts, and the existing transmission line from the first Jordan power house to Tel-Aviv will, at the present rate of growth, soon become inadequate to meet the consumers' load. Hence, a 12,000 kw. turbo-generator with the requisite boiler plant, transformers and switchgear has been ordered, and a second 66,000 kilovolt-transmission line will be constructed. On the upper reaches of the River Jordan and Lake Tiberias, surveys are being carried out with the view of further hydroelectric development. Lord Reading stated that the demands in the Corporation's area are still far from the saturation point. As the policy of reducing tariffs wherever possible is being continued, the prospects are promising. As Palestine is practically a ‘new’ country from the economic point of view, it is not surprising that the company is already on a remunerative basis.
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Electric Progress in Palestine. Nature 136, 544–545 (1935). https://doi.org/10.1038/136544d0
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DOI: https://doi.org/10.1038/136544d0