By John Lee. Iraq has reportedly signed a deal with the Gulf Cooperation Council Interconnection Authority (GCCIA) to import electricity at a rate of 500 megawatts of electricity from Sunni Arab gulf countries before next summer, Iraqi Ministry of Electricity spokesperson a told state newspaper on Thurday. According to Rudaw, the GCCIA will fund the […]
Tag Archives | Electricity In Iraq
The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
Tags: electricity imports, Electricity In Iraq, featured, Gulf Cooperation Council, Gulf Cooperation Council Interconnection Authority (GCCIA), Kuwait, mn
MAN provides 53 MW of Electrical Power to Iraq
Germany’s MAN Energy Solutions is providing a drink can factory of the Royal Can Making Company (RCMC) in Iraq with six MAN 18V32/40 CD engines, with a total capacity of 53 megawatts (MW). The recently constructed power plant in Baghdad, the capital of Iraq, will supply power to the RCMC manufacturing site and also to […]
Power Grids of Iran, Syria to Be Connected via Iraq
Power Grids of Iran, Syria to Be Connected via Iraq: Minister Iranian Energy Minister Reza Ardakanian said his ministry plans to connect the country’s national grid to Syria through Iraq as Tehran and Damascus signed a preliminary agreement in this regard. Speaking on the sidelines of a ceremony to sign a memorandum of understanding (MoU) […]
National Grids of Iran, Iraq “Synchronized”
Iran connected its national grid to Iraq on Friday in a bid to help the Arab country reduce its power outages. The power grids of Iran and Iraq were synchronized in a ceremony held on Friday with Iranian Energy Minister Reza Ardakanian and the Iraqi deputy minister of electricity. Earlier this year, the two countries […]
Govt to Incentivise Electricity Distribution
By Editor on 23rd October 2019 in Construction & Engineering In Iraq, Employment, Iraq Industry & Trade News, Iraq Public Works News, Politics
By John Lee. The Iraqi Government has announced new measures intended to stimulate job creation in the electricity distribution industry. In a statement, it said: “Training courses lasting for 3 months or longer in the area of maintenance of electrical transformers used in the electricity distribution sector in Iraq. The courses will be tailor-made for […]
Iran Electricity Export to Iraq Hits Record
Iranian Energy Minister Reza Ardakanian (pictured) has said the export of electricity to neighboring countries has reached a record high in the past year. Addressing a Sunday session of Tehran’s City Council, Ardakanian said management of the situation over the past two water years has helped the country break the record in three sectors of […]
US Extends Iran Sanctions Waiver for Iraq Energy Imports
By John Lee. The US has granted Iraq another 120-day waiver from its sanctions on Iran. According to S&P Global, a State Department spokesman said the waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports. (Source: S&P Global)
CMEC to Expand in Iraqi Electricity Sector?
By John Lee. During their recent visit to China, the Deputy Prime Minister for Economic Affairs, accompanied by the Ministers of Transport and Electricity visited the China Machinery Engineering Corporation (CMEC), which specializes in transport, energy, communications and heavy engineering equipment. The company is already involved in the reconstruction of Salah al-Din power station and […]
Tags: China, China National Machinery & Equipment Import & Export Corp (CMEC), Electricity In Iraq, featured, Karbala, Khairat, mn, Salahaddin
Mass Global, GE to add up to 1.5 GW at Besmaya Power Plant
By John Lee. Under the guidance of the Iraqi Prime Minister, H.E. Dr. Adel Abdul Mahdi, the patronage of the Iraqi Minister of Electricity, H.E. Dr. Luay al-Khatteeb and in continuation of their dedicated efforts to strengthen Iraq’s power sector, Mass Energy Group Holding (MGH) and GE Power signed a new agreement that will help […]
Tags: Besmaya, Bismaya, Bismaya power plant, Electricity In Iraq, featured, GE, General Electric, germany, Mass Global, mn
Iraq signs deal to Import Electricity from Gulf States
Iraq has signed a landmark deal with the Gulf Cooperation Council (GCC) for a power line to import 500 megawatts of electricity by 2020, local reports said on Sunday. According to the Iraqi Electricity Ministry, the 300-kilometre line will run from Kuwait to Iraq’s southern port of Faw and be financed by the GCC. Electricity […]
Tags: electricity imports, Electricity In Iraq, featured, GCC, Jordan, Kuwait, mn, Saudi Arabia, Turkey
Iraq looking to Finance $3bn Upgrade to Power Grid
By John Lee. Iraq’s Minister for Electricity has said Iraq is looking to finance a $3 billion upgrade of its power transmission and distribution network. The National quotes Minister Luay Al Khateeb as saying: “We do have a fast track plan for $3 billion to upgrade the distribution and transmission of which $2bn is for […]
Financing agreed for Siemens Transformer Deal
By Editor on 11th September 2019 in Investment, Iraq Banking & Finance News, Iraq Industry & Trade News
By John Lee. Iraq’s Cabinet of Ministers has approved a loan agreement between the Federal Ministry of Finance, Standard Chartered Bank and the German Deutsche Bank for the purpose of financing the construction of 13 secondary substations (132) kV, and the supply of 35 high voltage transformers with the German company, Siemens, for the Ministry […]