The head of the Basra Investment Commission, Eng.Haidar Ali Fadhil, has announced details of the Faw [Fao] power station:
- The station will have a capacity of 50 megawatts;
- The project shall be open for investment companies;
- Interested companies are required to visit the BIC offices by 12th June;
- The power station is intended to use crude oil [?];
- Contracts will be on a BOT basis;
- The competition among the participants shall be based on the type of equipment, duration of operation, and total costs;
- Equipment must not have been previously used.
(Sources: Basra Investment Commission, Aswat al-Iraq)
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