Tag Archives | CMEC

Cabinet Approves Measures to Expedite Investment Projects

Cabinet approves measures to expedite completion of investment projects The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Prime Minister briefed the Cabinet on national developments, and underscored that, during this period, ministries and other state institutions will continue to discharge their day-to-day duties […]

China’s CMEC Wins $1.2bn Power Project

China Machinery Engineering Corp (CMEC) signed a $1.19 billion contract to build a 1,260-megawatt power station in Iraq, according to Gulf News. The Beijing-based company will install the natural-gas-fired plant in the Salahuddin governorate north of the Iraqi capital within 45 months, Mussab Serri, an Electricity Ministry spokesman, said in an interview during the signing ceremony […]

Iraq in $1bn Power Deals with Chinese, Korean Firms

Reuters reports that Iraq has finalised a $1.08 billion contract with the China National Machinery & Equipment Import & Export Corp (CMEC) to build a 1,260-megawatt thermal power plant. “The signing will take place next week or the week after,” Laith al-Mamury, the head of investments and contracts at the ministry, said at a ceremony […]

More Details of Basra Power Contract, Chinese Company Involved

According to a report from Reuters, the Saudi-based Dao al-Jomaih Group tendered the low bid of $204.4 million to install four gas turbines in Iraq’s southern Basra province. Salam Qazaz, Iraq’s deputy electricity minister, said on Tuesday that the units will have a total generating capacity of 500 megawatts (MW) and will be installed at […]