Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
Iraq's cabinet has approved a $1.05-billion contract with Greek power plant builder Metka, a subsidiary of the Mytilineos Group, for the construction of a combined cycle gas power plant in Anbar. According to Sky News Arabia, the station will have the capacity of 1,642 megawatts, and it is to be completed within 32 months. Reuters […]
The new al-Hayrat [Khayrat] power plant in Karbala was officially opened on Friday. At a ceremony to mark the event, Iraq’s Deputy Prime Minister for Energy Affairs, Hussein al-Shahristani, thanked the Turkish company Calik Energy for completing the project successfully and on time. Ahmet Calik (pictured), CEO of Calik Holdings, said: "Al Hayrat energy power […]
Avantha Group company CG (Crompton Greaves) has been awarded a $60-million contract for the turnkey construction of four high voltage GIS substations by the Electrical Transmission Project Office of the Ministry of Electricity (MOE) in Iraq. The company will design, manufacture, deliver and install the substations, thus helping upgrade and reinforce the existing 132 kV […]
The 2013 Goldman Environmental Prize has been won by Iraqi engineer Azzam Alwash, for his work on the revival of the Iraqi marshes. Giving up a comfortable living and family life in California, Azzam Alwash returned to war-torn Iraq to lead local communities in restoring the once-lush marshes that were turned to dust bowls during […]
By John Lee. The Iranian Red Crescent Society (IRCS) has announed two new clinics in Iraq to provide medical services to Iranian pilgrims visiting the country's Shiite holy shrines, a medical official announced on Sunday. Iran's FARS News Agency reports that the hospital in Karbala, specialising in ophthalmology and eye diseases, will be completed in the […]
By Padraig O'Hannelly. In 1987, management guru and writer Tom Peters wrote that the formula for success was to under-promise and over-deliver -- in other words, to manage expectations. We can only hope that this maxim was in the mind of Iraq's Minister of Electricity, Abdulkarim Aftan [Karrem Aftan al-Jumali]., when he spoke this week about […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As the hot weather sets in, promises to provide round-the-clock electricity are making headlines in Iraqi news programs and newspapers. This comes after the hardships Iraqis have undergone in recent years […]
Siemens Turkey and Japan’s Toyota Tsusho are to build 24 electricity distribution centres in Iraq, in a deal worth $81 million. Hurriyet Daily News reported that the two companies signed a deal to join forces in the transformer station project, which have a total capacity of 31.5 megawatts. Siemens will manufacture the products in both […]
Iraq has plans to generate 400MW of its electricity from renewable energy sources by 2016, according to a report from MEED. Speaking at MEED’s Iraq Energy Projects Conference in Dubai, Rafah Mohammed, from the energy production office at the Ministry of Electricity, said this would be about 2 per cent of the country’s total power […]
By John Lee. Research by the Financial Times shows that the top 10 American and foreign contractors in Iraq have secured business worth at least $72 billion between them, with the total for all contractors coming in at $138 billion. Top of the list is KBR (formerly Kellogg Brown and Root), which was once run […]
By John Lee. The KRG Minister of Municipalities and Tourism recently signed an agreement with ARGE Company; the ceremony was attended by Governor of Hawler, General Consul of Turkey in Hawler (Erbil), general director of water for Erbil province, the Mayor of Mergasor and the manager of implementing company. Later in a press conference the […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The US government is still counting the cost of rebuilding Iraq after the invasion ten years ago. But the office responsible for hunting for millions of dollars stolen in the process is being […]
