22 Power Plant Tenders to be Issued Next Week

So far six from Siemens and 20 from GE have arrived in Iraq.

Invitations to bid would be extended to 33 firms that attended an investment conference in Iraq in July, including U.S.-based Parsons Brinckerhoff, Egypt’s Orascom Construction and Turkey’s Calik Enerji, he said.

“These 33 companies are technically and financially qualified and they are interested in participating,” he said.

More than seven years after the U.S.-led invasion, Iraq’s national grid still only supplies a few hours of power each day. Intermittent electricity is one of the public’s top complaints.

Iraq is hoping a multibillion-dollar contract with Royal Dutch Shell and Japan’s Mitsubishi to capture gas being flared in southern oilfields will help boost generating capacity. Iraq flares 1 billion cubic feet of gas every day at its oilfields.

Mamury said Iraq’s power shortage could be resolved if the government allocated $40 billion to the electricity ministry over the five years.

“Yes, this figure is true, $8 billion annually for five years in which we would install the gas and the steam stations and rehabilitate plants installed years ago … in this case the situation would be stable,” he said.

But Mamury said Iraq’s preliminary budget for 2011 allocated $4.508 billion to the electricity ministry.

The ministry had planned to sign a contract with Siemens to install its 16 turbines in five locations but the current budget allocation would not allow the signing to take place, he said.

(Source: Reuters)

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