The latest electricity news from Iraq – power plants, fuel, construction and more – brought to you by Iraq Business News
As the new Iraqi parliament remained deadlocked on the formation of a new government, frustrated Iraqis took to the summer streets in protest at the government's failure to provide an adequate and reliable supply of electricity. With peak temperatures of nearly 50C (120F), and many Iraqis still getting less than six hours of electricity per […]
(Sources: Reuters, Financial Times) Reuters reports that Iraqi Oil Minister, Hussain al-Shahristani, has taken over the electricity portfolio after the electricity minister resigned over protests against power shortages in the sweltering heat of summer, the Oil Ministry spokesman said on Tuesday. Karim Waheed stepped down as electricity minister after demonstrations triggered by power cuts, claiming […]
(Sources: AFP, Associated Press) Iraqi Electricity Minister, Karim Wahid, offered to resign on Monday after a wave of bloody street protests demanding his dismissal over harsh power rationing in the scorching summer heat. Public anger with the work of the electricity ministry has boiled over in recent days as temperatures have hit highs of 54 […]
100 percent increases in electricity charges are being received by Iraqis in an attempt to reduce power cuts. Demand has risen since the 2003, but the national grid still only supplies a few hours of electricity a day. The Electricity Ministry announced that it would send invoices on June 1 for the previous two months […]
“The main issue to be addressed now is that of electricity supply. Another very important one is the development of the Iraqi infrastructure," said Majid al-Souri, an Iraqi economist.
Iraq Minister of Electricity Karim Wahid said that the Ministry bids to open the door of investment in order to implement vital projects in electric power development field. Wahid told Alsumaria that he expects electric power supply to make an important progress during this summer. ( Al SumariaTV )
Iraq's Electricity Ministry has invited foreign companies to bid to install 20 gas turbines that would boost the country's power capacity by 2,500 megawatts in the next few years.
A US construction team expected Iraq electricity production to increase to 22000 megawatt by 2014. Iraq currently needs 9500 megawatt, the same source said adding that by 2016 Iraq would be able to export electricity. ( Al SumariaTV )
The Iraqi Council of Ministers agreed to pay the cost of purchasing 10 electricity transformers for Basra province. “Each transformer is 400 KVA,” Dr. Ali al-Dabbagh said in a release on Sunday received by Aswat al-Iraq news agency. He explained that Iraqi Prime Minister Nouri al-Maliki promised to pay for the transformers during his visit […]
Finance Minister Baqer al-Zubaidi discussed on Tuesday with Electricity Minister Karim Wahid the important projects, which will be implemented by the electricity ministry in Iraq, according to a ministerial statement. “The meeting was attended by representatives of finance, planning and electricity ministries,” said the statement received by Aswat al-Iraq news agency. “The projects will include […]
Director of electricity distribution in Maysan , Faleh Hadi Alwan, has said that the highest power load this summer, will be up to 500 megawatts, adding that the national network provides a good share of electricity to the province at the present time. Alwan said that misuse of the electricity network is one of the […]
The 2010 budget is for $71.29 billion and the second largest amount since Iraq regained its sovereignty in 2005. A breakdown of spending shows that operational spending, which goes towards salaries, pensions, and the food ration system is - again - almost ¾ of the budget, and that electricity appears to be the priority of […]
