Iraq is preparing to issue a tender for a $388.5 million power plant, according to a report from Bloomberg.
Ali Al-Dabbagh, a spokesman for the government, said on Tuesday that the Council of Ministers approved the plan to issue a tender for the plant in the Nineveh province, north of Baghdad.
The plant should be built within 21 months and generate 750 megawatts.
Iraq plans to almost triple power generation capacity to 17,000 megawatts by 2013, up from around 6,000 MW now, mostly through building new plants, an Electricity Ministry spokesman said in January.
Former Electricity Minister Karim Wahid quit in June amid violent street protests triggered by severe seasonal summer power shortages.
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