Tag Archives | Electricity In Iraq

The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News

UAE to Provide Floating Power Plants in Basra

Iraq has signed a contract to buy 250 megawatts of electricity from UAE's Oilfield Services. Under the two-year deal, the company will provide two power plants docked on ships in Basra. The ships are expected to reach the port within a few weeks, and the plants will be connected to the grid by 31st July, […]

Dunia Weekly Iraq Market Tracker

Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]

ABB Wins Power Distribution Contract in Iraq

ABB, the global power and automation technology group, has won an order from the Ministry of Electricity (MOE) in Iraq to provide a state-of-the-art power distribution management system. The solution will incorporate advanced communication technology, with monitoring and control functions, to improve the availability, performance and reliability of power supplies in the capital, Baghdad. ABB […]

Calik Enerji to Open Khairat Power Plant in July

The Turkish company Çalık Enerji will open its 250 mega watt Khairat power station at the beginning of July, the first of 20 stations Iraq hopes to build around the country, reports AKnews. The Deputy Prime Minister for Energy, Hussein al-Shahristani, made the announcement today and told AKnews that the Ministry of Oil will provide fuel […]

Iraq to Stop Importing Electricity Next Year

AKnews reports that Iraq will stop importing electricity from neighboring countries by the summer of 2013. Instead of depending on foreign countries for electricity, new capacity will be introduced over the next two years to the national grid, and energy production will reach 20,000 MW. Ministry spokesman Musab al-Mudarres told AKnews the ministry currently has […]

Iraq Invites Bids for 500-MW Power Plant

Bloomberg reports that Iraq has invited companies to submit bids to build a 500-megawatt electricity plant fuelled by natural gas in the eastern province of Maysan [Missan]. An electricity ministry spokesman, Mussab Serri, told Bloomberg that the contract will be awarded in March. The four turbines that will generate the electricity in the plant will […]

Kirkuk to Spend $160m on 3 Power Plants

A member of Kirkuk Provincial Council has announced that there new power plants will soon be installed in the province. Fuad Hussein said the decision was made after the deputy electricity minister met the Council. An Iranian company will install two 196MW plants in Dubiz district, while a South Korean company will install the other 293MW […]

Iraq Close to Decision on $3bn Power-Plant Projects

Bloomberg reports that Iraq will award seven major electricity generation contracts within the next 2 weeks as part of a three-year plan to expand power capacity. Kosay Sattar, the Electricity Ministry's director general of planning, said companies from Iran, Europe, Egypt and South Korea are bidding for $3 billion of orders to build 7,000 megawatts […]

Iranian Farast Group Considers Basra Investments

A delegation from the Iranian Farast Group visited the Basra Investment Commission (BIC) and met its chairman, Khalaf Al-Badran. They discussed the possibility of obtaining investment opportunities in various sectors, including housing and electricity. The representative of the group, Ridha Mudhahari, said that his group includes 78 foreign and local specialized companies and that they […]