The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
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 […]
Shell has announced that it has granted a $63 million contract to build an electricity generation plant for its gas capture project southern Iraq to Swiss engineer ABB Ltd. Jasser Hanter, general director of the Shell gas project, told reporters that ABB will build two 25 megawatt power plants at Khor al Zubair. The $17 […]
Iraq's cabinet has approved a $363 million (435 billion Iraqi dinar) contract on Tuesday with Egypt's Orascom Construction to build a 1,014 MW gas-fired power plant in the northern town of Baiji [Beiji, Bayji]. The contract involves building the plant and installing six 169 MW generators which Iraq bought from Siemens in 2008. The project […]
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 […]
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 […]
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 […]
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 […]
The Baghdad Company for Gas Turbines Ltd. has announced that it has won the contract to rehabilitate the Mullah Abdulla power plant in Baghdad. The company's managing Director, Mr. Mumtaz Rushdi, signed the deal for the 11units on Friday. When completed later this year, the plant will provide more than 250 MW of power. (Source: […]
AKnews reports that up to 26 foreign companies are engaged in preparations to build a 500 MW power plant in Kirkuk. Kirkuk currently requires 880 MW, but can only provide 450 MW: 240 MW from the national grid and 225 MW through a contract with Kurdish investor. Rebwar Talabani, the Deputy head of Kirkuk Provincial […]
Reuters reports that Iraq has signed a $235-million electricity deal with a subsidiary of Turkey's Enka Insaat to install a 500-megawatt power plant in the Al-Najibiya district of Basra. The company will install four General Electric (GE) gas units, each with a capacity of 125 megawatts, within the next 16 months, said electricity minister Karim Aftan. […]
The Iraqi State Oil Marketing Organization has launched a tender to buy 3,400 tons of gasoil per day for 12 months to power electricity generators. In July 2011, Iraq signed a one-year deal with Iran to receive approximately 1,300 tons per day of gasoil to help power the growing needs of a country already short […]
Iraq signed a $72 million deal with Iranian firm Sunir [Sanir] to expand the Dibis power plant in northern Kirkuk province by 320 megawatts, according to Bloomberg. The company will install two gas units, each with a capacity of 160 megawatts. The units were purchased from Siemens in 2008, and will be installed in just over […]
