Posted on 06 April 2011 .
According to a report from Reuters, the Saudi-based Dao al-Jomaih Group tendered the low bid of $204.4 million to install four gas turbines in Iraq’s southern Basra province.
Salam Qazaz, Iraq’s deputy electricity minister, said on Tuesday that the units will have a total generating capacity of 500 megawatts (MW) and will be installed at a power plant in al-Najibiya, a district in Basra, Iraq’s southern oil hub.
The units are to be installed within 17 months, he added.
“Final approval of the deal will be decided after we study the technical aspects of the tender,” Qazaz told reporters in Basra.
Reuters reports that China’s Machinery Engineering Corp is also party to the winning bid; AFP says the company is China National Machinery & Equipment Import & Export Corp (CMEC).
The bid beat tenders submitted by Swiss engineering group ABB, Turkey’s Enka Insaat and South Korea’s Hyundai Heavy Industries, the ministry said.
Dr. Mark A. DeWeaver
|Rising Yields a Plus for Stocks||Ahmed Mousa Jiyad||Transparency in Iraq’s Extractive Industry...|
|Ruth Lux||Baghdad’s Revenue-Sharing Deal: Avoiding a...||John Cookson||Tuesday is Next Deadline, but...|
|Madeleine White||Mobile Miracles – Educational Vision||Robert Tollast||Erbil, Iraq and the ISIL Offensive|
|John Schnittker||Water and Wheat: ISIS Weapons?||Tariq Abdell||Iraq: Reconciliation or Partition?|