Tag Archives | CMEC

China’s CMEC Wins $1.2bn Power Project

China Machinery Engineering Corp (CMEC) signed a $1.19 billion contract to build a 1,260-megawatt power station in Iraq, according to Gulf News. The Beijing-based company will install the natural-gas-fired plant in the Salahuddin governorate north of the Iraqi capital within 45 months, Mussab Serri, an Electricity Ministry spokesman, said in an interview during the signing ceremony […]

Iraq in $1bn Power Deals with Chinese, Korean Firms

Reuters reports that Iraq has finalised a $1.08 billion contract with the China National Machinery & Equipment Import & Export Corp (CMEC) to build a 1,260-megawatt thermal power plant. “The signing will take place next week or the week after,” Laith al-Mamury, the head of investments and contracts at the ministry, said at a ceremony […]

More Details of Basra Power Contract, Chinese Company Involved

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 […]