By Patrick M Schmidt. METKA, a Greek engineering and contracting firm, has won a $165 million (192 billion Iraqi dinars) contract to work on the Shatt Al Basra Power Plant. The contract allows for the company to oversee the process of making the plant fit to burn heavy fuel oil for electrical generation. The project […]
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Alstom Wins €225m Equipment Deal in Anbar
Alstom has been awarded a contract worth approximately €225 million to provide power generation equipment for the Al-Anbar gas-fired combined-cycle power plant being built in the Anbar province in Iraq. A consortium of Metka SA and Metka Overseas Ltd is building the power plant for the Ministry of Electricity of Iraq. The 1,642 MW power […]
METKA Signs $1bn Iraqi Power Deal
By John Lee. Greek construction company METKA, a subsidiary of the Mytilineos Group, has announced the signing of a $1.05-billion contract with Iraq’s Ministry of Electricity for the construction of a combined cycle power station in Anbar. The deal involves the engineering, procurement, construction and commissioning of a natural gas-powered plant with a capacity of 1,642 […]
Greek Co Wins $1bn Electricity Deal
Iraq’s cabinet has approved a $1.05-billion contract with Greek power plant builder Metka, a subsidiary of the Mytilineos Group, for the construction of a combined cycle gas power plant in Anbar. According to Sky News Arabia, the station will have the capacity of 1,642 megawatts, and it is to be completed within 32 months. Reuters […]
Shahristani, Metka, Discuss Shat al-Basra Power Project
By John Lee. The Head of the Greek company Metka, John Mytilineos, met with Iraq’s Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani, to discuss the building of the new Shat al-Basra power station. A statement by Shahristani’s Office, reported by AIN, said: “Shahristani urged during the meeting the Company to assume suitable immediate procedures […]
Greek and Turkish Firms Head-to-Head for Iraqi Power Contract
Greek power plant builder Metka SA, and Turkey’s Gama Holding AS, are reportedly the remaining two companies on the shortlist to build a new power station in Iraq, according to a report from Bloomberg, citing Naftemporiki. The 500 MW plant has an estimated budget of $400 million. In recent weeks both of these companies, along with […]
Bidders Named for $1bn Iraqi Power Plant
Iraq has announced the names of foreign companies bidding to build a $1 billion, 1,500 megawatt, power plant in western Iraq, according to a report from Reuters: South Korea’s Hyundai Engineering & Construction; Italy’s Saipem; Greece’s Metka; Turkey’s Gama; and, a consortium of Turkey’s Calik Enerji and Italy’s Techint. The plant will consist of six units: […]
Iraq signs $349m Power Deal with Greece’s Metka
Reuters reports that Iraq signed a $349 million contract with Greek power plant builder Metka, a subsidiary of the Mytilineos Group, on Wednesday. The Shat-Al-Basra Power Plant Project will be a gas-fired, 1,250-MW power plant in southern Iraq. It comprises 10 units of 125 MW each, which were purchased from General Electric in a contract […]
Hyundai, Metka Win Iraq Power Deals Worth $357m
Iraqi government spokesman Dr Ali al-Dabbagh has announced that Iraq’s cabinet has approved projects to build two power stations in southern Iraq. The 1,500 megawatt Rumaila power station will be built by South Korean Hyundai Engineering at a cost of $308 million, while the 1,250 megawatt plant in Basra will be built by Greek company […]
Baghdad Co Wins $130m Najaf Power Contract
According to a report from Bloomberg, the $130 million [150 billion Iraqi dinar] contract to build a 500-megawatt power station in central Iraq has been won by the Baghdad Company for Gas Turbines Ltd. The privately owned company was founded in 1993, and re-registered in 2003. The company is scheduled to build the natural-gas fired […]