Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
Iraq has announced the names of foreign companies bidding to build a $1 billion, 1,500 megawatt, power plant in western Iraq, according to a report from Reuters: South Korea's Hyundai Engineering & Construction; Italy's Saipem; Greece's Metka; Turkey's Gama; and, a consortium of Turkey's Calik Enerji and Italy's Techint. The plant will consist of six units: […]
Iraq is to import 250 megawatts of electricity from the United Arab Emirates in a bid to alleviate the country's electricity shortage. Electricity Ministry Spokesperson, Musaab al-Mudarres, said the power will be supplied by UAE's Oilfield Services at a price of 7.5 cents per kilowatt-hour. According to the report from Aknews, the spokesman added that […]
More than $5m (5.8bn IQD) worth of fuel is stolen each month from the amount allocated to three Turkish barges that produce power in Basra, a government investigation has revealed. According to the report from Aknews, Iraq's Electricity Ministry announced the discovery following an ongoing investigation into fuel theft. The Inspector General of the Ministry, […]
Dorce Prefabricated Building and Construction Industry, Trade INC. has successfully completed numerous international projects to date and has began construction of 5 new projects in Mauritania and Iraq. The company's General Manager, Suheyla Cebi Karahan, emphasized the importance of these projects with the following words, "Dorce has the ability to follow a high quality policy […]
ABB, the leading power and automation technology group, has won an order worth around $16 million from Mass Global Investment Company for the construction of a substation and SVC Light (static var compensator) system that will supply electricity to a new melt shop and steel rolling mill in northern Iraq. The order was received in […]
Iraq's electricity ministry signed the $363 million, 1,014 megawatt, power plant deal with Egypt's Orascom Construction, which was announced in February. The contract involves building the plant and installing six 169 MW generators, which Iraq bought from Siemens in 2008, at the facility in Baiji [Beiji, Bayji]. The project is expected to be completed within 21 […]
SGS has been awarded a three-year contract by India's Lanco Group [Lanco Infratech, LANCI] to manage on-site quality control for the construction of its new gas power plant in Anbar Province, Iraq. The AKAZ [Akkaz, Akkas] power plant at al-Qaim will have a capacity of 250MW (2x 125MW) and is estimated to require three years […]
Nine years after the war and with billions of US dollars spent, electricity is still in short supply in Iraq. The government is looking to use electricity-generating ships to meet the expected uptick in demand in the coming summer months. In electricity-strapped provinces like Basra, where the power generated by a Turkish 'floating electricity plant' […]
Hill International (NYSE:HIL), the global leader in managing construction risk, announced on Monday that it has been awarded a contract by the Iraq Ministry of Higher Education and Scientific Research to provide design management and construction management services for the new Al Bayaa Teaching Hospital in Baghdad, Iraq. The three-year contract has an estimated value […]
Siemens has announced that it has won a major order from the Iraqi Ministry of Electricity to supply the control and instrumentation system, field equipment, and spare parts for steam turbine generators for Iraq's largest power plant at Al Mussaib [Musayyib]. The upgraded plant will be more reliable, and will have higher output and increased efficiency. […]
French engineering group Alstom signed a 50 million euros contract to rehabilitate a gas-fired power station in Iraq, reports Reuters. Alstom will work on two units of the Khor Al Zubair station in the southern city of Basra, adding 60 MW to the power supply. The first unit will be reconnected later this year and […]
Iraq has signed a contract to buy 250 megawatts of electricity from UAE's Oilfield Services. Under the two-year deal, the company will provide two power plants docked on ships in Basra. The ships are expected to reach the port within a few weeks, and the plants will be connected to the grid by 31st July, […]
