08 March 2010 (Azzaman)
Russia’s Technopromexport has agreed to resume constructing a large power plant south west of Baghdad.
The al-Youssifya Power Station is one of the largest under construction in the country with an output capacity of 630 megawatts.
The Russians started work in 1990 and had to halt activities in 2003 due to U.S. invasion of Iraq.
But U.S. occupation troops occupied the plant and turned it into a military base, forcing the Russians to abandon the site altogether.
The Russian had completed nearly 35% of work on the plant when the Americans took it over.
U.S. troops are reported to have partially destroyed what the Russians had already done.
An Iraqi delegation was in Moscow last month, where it agreed with Technopromexport’s executives on terms to resume work at the plant.
Technopromexport, a Moscow-based firm, is a leader in construction of power projects and export of electricity.
Among its major power contracts in the country are the al-Hartha Power Station and other electricity projects.
The terms of the agreement have yet to be made public but the main hurdle for the Russians has insecurity.