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33 Companies Compete for Iraqi Power Plants

As we predicted in our report last week, Iraq’s acting Electricity Minister, Hussain al-Shahristani, asked investors on Saturday to compete to build four new power plants to help the country meet it increasing electricity demands. According to Bloomberg, the Minister promised a healthy profit for the winners. At a meeting of 33 local and international […]

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U.S. Firm in Talks to Build 400MW Power Plant in Kirkuk

U.S. energy firm ContourGlobal is in talks with the authorities in the oil-rich province of Kirkuk regarding the construction of a 400-megawatt power plant, according to a report from Azzaman. Governor Abdulrahman Mostefa was quoted as saying that the plant would not be part of the country‚Äôs national grid as it wpuld be used exclusively […]

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