The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
According to reports from Reuters, the Korean giant STX Group has played down the possibility that its $2.76 billion power deal with the Iraqi government may collapse. Following report that STX was running out of time to secure a third party financial guarantor, the shipping-to-energy conglomerate says the contract does not mention a three-month deadline […]
A Turkish company's proposals for new schools, rebuilding infrastructure, more local energy and medical facilities is likely to be accepted by the local government in the region of Wasit, south-east of Baghdad, reports Aswat al-Iraq. I.F. Spor's plans include wind power and health projects such as a cancer treatment centre. Other redevelopment projects in the […]
Iran plans to increase its electricity exports to Iraq to 1,250 megawatts, the Iranian Energy Minister Majid Namho told Mehr News Agency on Tuesday. Mehr quoted the Iranian Minister, in a meeting in Tehran with Iraq’s Electricity Minister, Raad Shallal Saeed al-Any [Ra'd Shalal al-Ani], that “Iran’s power exports for Iraq, now estimated at 800 […]
In addition to the dispute between Iraq and Kuwait regarding the new Mubarak port in Kuwait, the two countries are also reported to be in conflict about the planned siting of nuclear reactors. Press TV reports that the head of the Kuwaiti national committee for nuclear power, Ahmad Bisharah, has said that Kuwait is planning […]
Shell and Mitsubishi signed a final draft agreement with Iraq on Tuesday for a deal worth between $12 billion and $17 billion to capture flared gas at the southern oilfields. The long-awaited deal still needs the approval of Iraq's cabinet, Oil Minister Abdul-Kareem Luaibi [Elaibi] said in a statement. The Iraqi government will hold 51 […]
Officials in the Ministry of Electricity are involved in the theft of millions of dollars of fuel intended for power stations, an MP from the ruling National Coalition told AKnews on Saturday. Susan al-Saad said that the tankers used to transport fuel to power plants across the country regularly go missing, and that this would […]
Request for expressions of interest for power projects - Kurdistan Regional Government of Iraq Ministry of Electricity (“KRG -MOE”) Background and scope The Kurdistan Regional Government’s Ministry of Electricity (KRG-MOE) is seeking to increase the power generation capacity and associated network capabilities in the Kurdistan Region by 6000MW, operating on natural gas, heavy fuel oil […]
AKnews reports that the German energy firm MBH has landed a $625 million contract to build five 100-MW power plants in Nineveh province. The Iraqi electricity ministry announced the deal on Wednesday, saying that the project is expected to be completed in 21 months. The establishment of the plants is part of the government’s plan […]
Alstom Grid has been awarded a €80 million contract from Calik Energy [Calik Enerji], a leading Turkish energy company, for the supply of electrical transmission equipment to be installed in two power plants being built in Iraq by Calik Energy. This contract is considered the largest one to date for Alstom Grid in Iraq. The […]
Iraq has signed a $1.2 billion contract with Canada's Capgent to build 10 power stations with a total capacity of 1,000 megawatts in a bid to meet local demand, Reuters reports. A ministry spokesman told AFP that the plants were to be constructed within 12 months in the provinces of Anbar, western Iraq, and in […]
Aswat al-Iraq news agency reports that Karbala's Provincial Council has decided on Monday to cut the electric power supplied to the cement plant run by French company Lafarge. “[The company] must get its power by itself and achieve an annual production of 30 million tons,” Tareq Gatifa al-Khikany, Chairman of the Council’s Economic Committee said. […]
Bloomberg reports that Iran has agreed to supply 1.5 million liters a day (9,400 barrels), of gasoil to Iraq over the next 12 months for power generation. Masaab Serri, spokesman for the Iraqi Electricity Ministry, said in an interview that the fuel will enable power plants to generate 250 megawatts, according to the agreement signed […]
