The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
By Patrick M Schmidt. Despite relative success in stemming the advance of Islamic State of Iraq and the Levant (ISIL) militants, Kurdish security forces faced their first major defeat on Thursday. Sources report that Kurdish security forces have been forced to withdraw and that the vital Mosul Dam now lays under control of the extremists. […]
By Patrick M Schmidt. METKA, a Greek engineering and contracting firm, has won a $165 million (192 billion Iraqi dinars) contract to work on the Shatt Al Basra Power Plant. The contract allows for the company to oversee the process of making the plant fit to burn heavy fuel oil for electrical generation. The project […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIS has taken control of Iraq's largest hydroelectric dam, which provides power to Mosul. CNN's Nic Robertson reports:
Iraq’s electricity shortages cannot be resolved unless sufficient fuel flows to the power plants feeding Iraq’s national grid, according to Dr Jafar D. Jafar, co-founder and CEO of Uruk Engineering & Contracting, addressing a recent conference. Uruk’s CEO highlighted the short-fall in fuel availability, particularly gas, currently impacting Iraq’s power generation capacity. He noted that […]
By Bob Tollast. This article constitutes an introduction on the recent history of Iraq’s electricity sector followed by a Q and A with Mr. Istepanian. As Iraq endures the most serious terrorist offensive since 2004, what is certain is that this year a separate fight will continue to improve services, also crucial to the legitimacy […]
The Kurdistan Regional Government has announced the successful delivery via pipeline of the first quantities of natural gas from the gas field at Summail to fuel the Duhok Power Station (pictured). The Summail Gas Field lies within the area of the Duhok Production Sharing Contract (PSC) and is operated by the Norwegian company DNO, which […]
By John Lee. Korean company LS Industrial Systems (LSIS) said on Wednesday that it has signed a $52 million deal with the Iraqi government to supply its patented advanced metering infrastructure (AMI) solutions. The company will supply 110,000 smart meters that track energy consumption at power transmission centers in Iraq. The transmission centers will then share […]
Alstom has been awarded a contract worth approximately €225 million to provide power generation equipment for the Al-Anbar gas-fired combined-cycle power plant being built in the Anbar province in Iraq. A consortium of Metka SA and Metka Overseas Ltd is building the power plant for the Ministry of Electricity of Iraq. The 1,642 MW power […]
Ventyx, an ABB company, has announced that it has signed an agreement with the Ministry of Electricity (MOE) in Iraq to provide state-of-the-art energy management systems that will help improve the availability, performance and reliability of power supplies in Iraq from main control centers in Baghdad, Kirkuk and Basra. The agreement is part of a […]
Alstom has secured a contract with Eni Iraq B.V. to build the 740 MW Zubair gas-fired power plant near Basra. The contract is valued at close to €400 million. For this turnkey project, Alstom will be responsible for engineering, building and commissioning the plant as well as supplying key equipment - most notably four highly […]
By John Lee. Reuters reports that Iraq has approved $1.7 billion in contracts with Korean companies Samsung Engineering and Hyundai Heavy Industries to build two engineering projects: Samsung won a $894.5 million contract to handle engineering, procurement and construction work on a degassing station in the Zubair oilfield; Hyundai won a $818 million contract to […]
By John Lee. The Iraqi government has allocated $4.7 billion to build power plants and finance existing electricity projects this year. Electricity ministry spokesperson Masaab Al-Mudarris told Zawya: "As part of its 2014 plan, the Ministry of Electricity requested a budget of $12 billion to complete existing projects and to sign new contracts to compensate for […]
