Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
By John Lee. Iraq's deputy prime minister for energy affairs, Hussein al-Shahristani, has opened a new gas-powered electricity plant in southern Baghdad. The plant has four 125-megawatt generators and cost $219 million to build, he said. Iraq Business News understands that the plant was constructed by the Korean company Hyundai. (Source: Al-Shorfa)
By John Lee. As part of its effort to improve the national grid, Iraq has rehabilitated an old power plant in Nassiriyah. Built in the 1970s, the plant is one of the largest in Iraq, but was in need of modernisation. Electricity Ministry spokesperson Musaib al-Mudaris said it took Iraqi technicians three months to repair, […]
By John Lee. A project to generate electricity from solar energy and wind in 15 remote Iraqi cities is now under way, according to a report from Al-Shorfa. Ministry of Electricity spokesman Musaab al-Mudarres told the news agency: "Iraqi companies have already started building integrated complexes for solar cells and towers to generate electricity from […]
By John Lee. AIN reports that Iraq has approved the construction of a new power station in Maysan province. The head of the Provincial Council, Abdul Hussein Abdul Reda, said that the country’s Ministry of Planning had approved a scheme to build a station of between 200 and 250 Megawatts. Iraq’s Ministry of Oil and […]
By John Lee. Electricity minister Kareem al-Jumaily has announced that Iraq will achieve electricity self-sufficiency by the end of this year, "except the problem of transporting the power from the stations to the cities". In an interview with Arabia TV station, he said Iraqi power production will jump to 13,000 MW before the coming summer. […]
By John Lee. South Korea's LS Industrial Systems has won a $67-million deal to build power distribution control centres for the Iraqi government. Under the deal with the Ministry of Electricity, the company will build seven distribution control centers across the country by early 2015. According to the report from Electric Light and Power, the centres […]
AnaeCo and Repindo Resources have signed a MOU to cooperatively explore the implementation of AnaeCo’s DiCOM™ Alternative Waste Technology (AWT) at a suitable site in Basra. Under the terms of the MOU the parties will consider the technical and commercial feasibility of deploying AnaeCo’s patented DiCOM™ solution, under licence in Basra. AnaeCo would manage the […]
This week marks the 150th edition of our Iraq Business News newsletter, and we are delighted to mark the occasion by bringing you a major new guide to business in Iraq. Published by Allurentis, in association with Iraq's National Investment Commission (NIC) and UK Trade & Investment (UKTI), the fourth edition in the annual New […]
By John Lee. Iraq's Minister for Electricity has signed a $74-million contract with France’s Schneider Electric to install 20 electricity substations in four southern provinces. Ministry’s spokesperson Musaab al-Mudares said: “There will be seven substations in Basra, six in Thi-Qar, four in Missan and three in Muthanna. “The new stations will contribute in stabilizing the […]
The streets of the Iraq capital turned into rivers after three days of heavy rain. Many parts of Baghdad are totally flooded, with poor infrastructure making it worse for the people. Some residents are accusing the government for not helping them. Al Jazeera's Omar al-Saleh reports from Baghdad: (Source: Al Jazeera)
Elsewedy Electric (SWDY), the leading wire cable and integrated energy solution provider in the Middle East and Africa, through one of its subsidiaries, announces the signing of a US$ 169 Million contract in Iraq with the Iraqi Ministry of Electricity to build and operate a new power plant in Diwaniya, with four 125 MW General […]
By John Lee. The Croatian civil engineering company Ingra has signed a $1.5-million hydro-electric deal in Iraq. Under the six-month contract the company will upgrade five 80MW generators at the Dokan hydro-electric power plant in Iraqi Kurdistan. Ingra said it expects to sign several more deals for works on other hydro power plants in Iraq, where […]
