Japan to Fund Nassiriya Power Station

By John Lee.

The Ministry of Electricity announced that it has obtained long term funding from the Japanese International Cooperation Agency (JICA) for the Nassiriya power station.

According to the Kuwaiti News Agency (KUNA), JICA has approved a $2-billion loan for the project, which would be enough to cover the full cost.

AIN, on the other hand, reports that the ministry will receive funding from JICA towards the $2-billion project, but does not specify the amount.

The gas-fired power station is planned to have an output of 1,800 MW.

Update: JICA Refutes Reports of $2bn Iraqi Loan

(Sources: KUNA, AIN)

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