By John Lee.
The Iraqi Ministry of Electricity, in collaboration with the U.S. Department of Commerce's Commercial Law Development Program (CLDP), organized a two-day workshop in Baghdad to explore best practices in financial modeling for energy production projects.
Key attendees included Dr. Abdul Hamza Hadi, ministry advisor, and specialized staff from various departments and companies. International experts, including Jonathan Scott from the U.S. Embassy and Chetan Kapoor from Synergy Consulting, led discussions on investment invitations, proposal evaluations, cost analysis for fossil fuel and solar projects, risk mitigation, and strategies to attract investments.
The workshop aimed to enhance staff skills in financial modeling, fostering a sustainable energy sector and boosting international investment. Participants highlighted the event's role in advancing knowledge and practices. This marks the second workshop under the joint program to modernize Iraq's energy sector.
(Source: Ministry of Electricity)
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