Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
Iraq's Electricity Ministry has criticized the Iranian company Sanir [Sunir] for its alleged failure to complete the construction of the Sadr gas power plant in Baghdad, reports AKnews. Ministry spokesman Musab al-Mudarres said that the complex still does not have distribution centers, control centers, management chambers and housing facilities. "The Electricity Ministry did not fail […]
French engineering group Alstom has been awarded a contract to build an electrical power plant worth $550 million in Iraq, reports Reuters. The award of the Mansuriyah plant contract was announced as part of a visit to Iraq by French Trade Minister Pierre Lellouche. "The Iraqi Deputy Prime Minister confirmed ... the award of the […]
In our ongoing efforts to brings you all the best information on doing business in Iraq, we continue to add to the list of reports available from our reports service. This week we've added two reports on energy exploration and electricity generation: Oil and Gas Exploration and Production Outlook in Iraq to 2015, an essential […]
Previously NGOs were seen as critical to Iraq’s reconstruction efforts. But numbers have dwindled. And not everyone is sad to see them go – many were fakes, siphoning funds, engaged in corruption and deceiving locals, according to this report from Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the […]
Iraq named a new electricity minister on Monday, after the previous minister Raad Shallal [Shalal, Shallal al-Ani] stepped down under government pressure in August following allegations of fraud in two electricity contracts. "Parliament voted by majority to nominate Abdulkarim Aftan [Abdul Karim Aftan al-Jumaili] as electricity minister," Faiza al-Obeidi, an MP with the Iraqiya list that […]
Iraqi government spokesman Dr Ali al-Dabbagh has announced that Iraq's cabinet has approved projects to build two power stations in southern Iraq. The 1,500 megawatt Rumaila power station will be built by South Korean Hyundai Engineering at a cost of $308 million, while the 1,250 megawatt plant in Basra will be built by Greek company […]
Energy Minister and Deputy Prime Minister Hussein al-Shahristani has promised that Iraq's electricity crisis will end in 2013. AKnews reports that he said only a few more energy plants were necessary to end the electricity shortage. "Iraq will have approximately 7,000 MW more after the completion of the Zubaydiah plant, the Khairat plant in Karbala, […]
12-Year Parts and Repair Exclusive Contract to Ensure Long-Term Reliability and Overall Performance of 18 GE Gas Turbines at Arbil, Sulaimaniyah and Dohuk Power Plants in Kurdistan Region. Reinforcing its commitment to support Iraq's expanding energy infrastructure, GE has signed a multi-million dollar, multi-year agreement with Mass Global Investment Company, an independent power producer in […]
The United States Agency for International Development (USAID), together with program partners convened Wednesday, September 14, 2011, in Baghdad to award the first round of grants funded by the US Government through USAID’s Iraq Access to Justice Program. Representatives of Government of Iraq ministries, the U.S. Embassy and other partner organizations attended the meeting, at […]
Turkish entrepreneurs have been invited to bid in a 6,000 megawatt electricity grid tender with a total value of $7 billion in northern Iraq, the Habertürk daily has reported. The tender for the construction of the grid is due to be open for bids on Thursday. According to the Turkish daily, the invitation to participate […]
Iraqi's Ministry of Electricity signed a contract on Saturday with French conglomerate Alstom to build a power generation plant in Nineveh province at a cost of approximately $94 million, according to AKnews. The Ministry said the plant will begin generating by the end of 2012. Reuters reportst that the deal requires Iraq to pay 10 […]
Officials in Basra have reportedly blocked a $500m power generation deal with Korea's Hyundai, because of the company's involvement with the controversial Mubarak Port in Kuwait. The project was due to be launched on Thursday. Ayad al-Amara, an official spokesman for Basra Governorate told AKnews that the Governorate has decided to stop work with all […]
