Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
A Turkish energy company signed a deal with the Iraqi government on Thursday to build a power plant at a cost of $445.5 million [521 billion Iraqi dinars]. The deal between Turkey’s Calik Enerji and the Iraqi Electricity Ministry is for the construction of the 1,250 megawatt al-Hayrat [Khayrat?] plant in Karbala. Calik Holding CEO, […]
The chairman of Wasit [Wassit] council’s media department has said that the council has called on its citizens not to pay their electricity bills because they are too high. The economic commission in the federal Council of Ministers directed the ministry of electricity last year to gradually increase the cost of consumer electricity in order […]
The Ministry of Electricity in Baghdad, in cooperation with consulting firm Parsons Brinckerhoff (PB), will present Iraq’s Long Term Electricity Master Plan at a 2-day conference in Istanbul on 1st and 2nd February, 2011. The 2010 – 2030 Long Term Master Plan, prepared by joint teams from Parsons Brinckerhoff and the Ministry of Electricity's Planning […]
Iraq's Ministry of Electricity has today issued a tender for the supply of 132KV cables. Please click here to download details (in Arabic only). The closing date for the receipt of bids is 26th January.
Iraq's Minister for Reconstruction and Housing, Mohammed Daraji, said a new large hospital will be constructed in Maysan [Missan] province. Daraji told AKnews that the 260-bed project has been allocated 35 billion Iraqi dinars (IDQ) [$30m] from the ministry's budget. The three-floor maternity and emergency hospital will be constructed during 2011 over an area of […]
Iraq plans to almost triple power generation capacity to 17,000 MW by 2013, mostly through building new plants, Masaab Serri, an Electricity Ministry spokesman, told Bloomberg. Iraq plans to invite bids later this year for the construction of three power plants to boost output by 1,500 megawatts, he said on Tuesday. One plant is to […]
Due to US sanctions, Iraq has been unable to pay Iran millions of dollars owed for electricity, an Iraqi official said, potentially damaging its efforts to supply enough power to a population suffering chronic shortages. According to the report from Reuters, Adel Mahdi, an adviser to the electricity ministry, said on Wednesday that Iraq imports […]
Iraq signed deals worth $52 million with France's Schneider Electric and Areva to build 15 power distribution stations in the southern oil hub of Basra, the province's deputy governor, Ahmed Hameed, said on Sunday. Schneider Electric, has won a $29 million contract to build eight distribution stations, while Areva was awarded a $23 million deal […]
The Kurdistan Region’s director for electric power generation said a new 125MW electricity power plant will get underway in Dohuk province in the next few days. Diyar Baban told AKnews that he expects it to “considerably” reduce the Region’s power deficiency. Kurdistan demands 2,200 MW whereas currently all its plants can output nearly half of […]
The local administration in Basra decided to allocate the sum of 242.2 billion Iraqi dinars (ID) [$207m] to carry out service and urban projects in preparation for the hosting of the Khaleeji 21 soccer tournament [21st Gulf Cup of Nations], a spokesman said on Thursday. “The higher committee for the rehabilitation of Basra, chaired by […]
The Maysan [Missan] Provincial Council allocated more than $42 million [49 billion Iraqi dinars] for the development of the province’s marshlands for 2011, a local official said on Thursday. “The ministry of state for the marshes’ affairs have allocated the sum of 49.900 billion dinars to set up service projects in the eastern and western […]
Iraq's Ministry for Electricity has confirmed the extension of bidding by international companies to invest in four electricity stations for an additional 40 days. The Ministry's press officer, Musaab al-Mudarris, said that the ministry will study offers in order to choose the best of them to install stations in four areas: "Basra, Amara, Simawa, and […]
