The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
By John Lee. A memorandum of understanding (MoU) has reportedly been signed for a 30MW waste-to-energy plant in Babil. According to Shafaq News, companies involved include UK-based IM Power, headed by Gordon Dickey; German company SIMS; and Turkish construction company ESTA. The full article can be viewed here.
By John Lee. The Missan Oil Company has increased volumes of processed gas from the Halfaya field, with the Halfaya Gas Receiving Station (GRS) now receiving and processing up to 190 million standard cubic feet per day (mmscfd). In a statement to the state-run Iraqi News Agency (INA), the company said the facility has undergone […]
By John Lee. This year's Iraq Energy Exhibition and Conference was held in Baghdad from 10th to 12th January, at the Baghdad International Fairgrounds. The event brought together stakeholders from the electricity, oil, gas and renewable energy sectors, and reflects growing regional and international interest in Iraq's energy market and investment opportunities. According to the […]
By John Lee. Plans are being advanced to deploy fast-track, smart solar energy projects to support electricity supply in the outskirts of Baghdad and across the provinces. The projects will be connected to medium-voltage distribution lines to reduce losses, ease network loads and increase available generation capacity ahead of the summer peak period. Key elements […]
By John Lee. The Iraqi Government has approved the settlement of outstanding payments to China Machinery Engineering Corporation (CMEC) related to operation, maintenance and electricity generated at the Salah al-Din power plant for the years 2021, 2022 and 2023. According to a statement from the Prime Minister's Office, the settlement is based on details set out […]
By John Lee. China's Shanghai Electric has officially launched the Euphrates Combined Cycle Expansion Project in Iraq, aimed at upgrading power plants across four governorates by converting simple-cycle units into combined-cycle systems. According to a press release from the company, this expansion will add 625 megawatts (MW) to the national grid and improve plant efficiency […]
By John Lee. The Ministerial Council for the Economy has approved new measures to accelerate the rollout of renewable energy projects as part of the government's "smart and rapid solutions" programme for the electricity distribution sector. Under the decisions, provincial governors have been granted authority to refer investment projects linked to approved technical models for […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired an extraordinary meeting of the Ministerial Council for the Economy, approving a package of measures aimed at reducing government spending and increasing revenues. Decisions included an urgent review of salaries and allowances for the three presidencies, with instructions to equalise benefits at the Presidency and Parliament […]
By John Lee. Iraq's Ministry of Electricity has begun the first phase of installing smart electricity meters in selected provinces and areas of Baghdad, alongside activating key electronic payment mechanisms. The ministry said the rollout includes government institutions and has already started in parts of Baghdad, as well as areas of Diyala, Kirkuk, Anbar and […]
By John Lee. The Iraqi Ministry of Electricity has denied reports of any increase in electricity tariffs, describing circulating claims as false and misleading. The ministry said the current tariff remains fully subsidised and unchanged, with the residential rate set at IQD 10 per kilowatt-hour (approximately USD 0.008). It added that the state continues to […]
By John Lee. A meeting was held to review the use of smart solutions for managing renewable energy in Baghdad's districts and sub-districts, with a focus on solar power and smart meters. The discussion covered proposed investment mechanisms for renewable energy projects, target production levels, and the selection of suitable locations based on solar exposure. […]
By John Lee. The Iraqi Prime Minister has laid the foundation stone for the 1,400 MW Yusifiya Thermal Power Plant. The plant, which had been stalled since 1990, is being completed to strengthen the national electricity network and support long-term demand. It is being built on a build-own-operate (BOO) model, with the involvement of Al-Rida […]
