Iraq Approves $540m Electricity Deal with Alstom

AFP reports that the Iraqi cabinet has approved a $540 million contract for French firm Alstom to build a 182.4 megawatt gas power plant in central Iraq.

Ggovernment spokesman Ali al-Dabbagh said in a statement that the plant, which should be up and running 18 months after the signature of the contract, is to be built in Mansuriya in the Diyala province, about 50 kilometres (30 miles) northeast of the capital.

The cabinet chose Alstom over the Iranian company company Mabna "because the offer was more attractive and less expensive," he said.

Alstom has already been selected to refurbish a gas power plant in the central province of Najaf.

(Source: AFP)

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