Iraq's available power capacity is around 9,000 MW, and installed capacity at 11,000 to 12,000 MW, according to Iraqi officials. Demand during summer, when temperatures frequently exceed 50 Celsius, is estimated to reach 14,000 MW.
Alstom signed an initial agreement with Iraq in July to rehabilitate Najaf power station. Under the memorandum of understanding, the French firm would also build a power plant that could cost up to $2 billion near the southern oil hub of Basra, and supply and supervise substations in various locations around the country.
Iraq's Oil Minister, Hussain al-Shahristani, who has temporarily taken over the electricity portfolio, has said Iraq's electricity consumption is expected to rise by 10 percent every year over the coming 20 years.
(Source: Reuters)
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