Posted on 14 January 2011 .
A Turkish energy company signed a deal with the Iraqi government on Thursday to build a power plant at a cost of $445.5 million [521 billion Iraqi dinars].
The deal between Turkey’s Calik Enerji and the Iraqi Electricity Ministry is for the construction of the 1,250 megawatt al-Hayrat [Khayrat?] plant in Karbala.
Calik Holding CEO, Ahmet Calik, and Iraq’s Deputy Electricity Minister, Salam Kazzaz, penned the agreement in a ceremony in Baghdad with the participation of Iraqi Deputy Premier for Energy, Hussain al-Shahristani, and Turkey’s Ambassador to Iraq, Murat Ozcelik.
Speaking at the ceremony al-Shahristani said the al-Hayrat plant would be biggest in Iraq when completed in two years time, adding that the plant would create 500 new jobs.
Al-Shahristani said the Iraqi government would open more tenders for the construction of two power plants in Mosul.
(Source: Turkish Press)
Dr. Mark A. DeWeaver
|GDP Forecasters See 2015 Rebound||Ahmed Mousa Jiyad||States and Markets in Hydrocarbon Sectors|
|Madeleine White||International Women’s Day Event in...||Robert Tollast||CWC’s 4th Kurdistan-Iraq Oil and Gas Conference|