UK International Trade Secretary Dr Liam Fox MP has visited Baghdad for a three-day visit (Sunday, 14 April to Tuesday, 16 April 2019) where he met with the Iraqi Prime Minister and announced that UK Export Finance (UKEF) will make an additional £1 billion of support available for British firms operating in Iraq, providing jobs […]
Tag Archives | Enka Insaat
Tags: Basra News, Biwater, Electricity In Iraq, ENKA, Enka Insaat, Export credit, featured, GE, General Electric, Kurdistan News, mn, Siemens, UK Export Finance (UKEF), United Kingdom
$1bn UK Financing for Iraqi Electricity
By Editor on 30th January 2019 in Construction & Engineering In Iraq, Iraq Banking & Finance News, Iraq Industry & Trade News
UK Export Finance (UKEF) has announced it will support UK firms with US $1.02 billion to build two new power stations in Iraq and support the restoration of a number of electricity substations in the country. US $1.02 billion in support for UK firms to build two new power stations Agreement will help build and […]
Tags: Electricity In Iraq, ENKA, Enka Insaat, Export credit, featured, GE, General Electric, Turkey, UK Export Finance (UKEF), United Kingdom, United States
UKEF Financed 3 Iraqi Projects last year
By John Lee. UK Export Finance (UKEF) has published its annual report and accounts for 2017 to 2018, in which it lists three export projects supported in Iraq: Enka UK Construction Ltd received letter of credit guarantees and supplier credit totalling £87,910,650 for the construction of a gas-fired power plant for Iraq's Ministry of Electricity; […]
Tags: DJ, ENKA, Enka Insaat, Export credit, featured, Fortress Diagnostics, GE, General Electric, germany, Turkey, UK Export Finance (UKEF), United Kingdom
New Investment at Umm Qasr Port
Basra Multi-purpose Terminal (BMT), the largest multi-purpose port facility in Iraq, announces a major development in the Port of Umm Qasr. Marking a significant expansion to their existing facilities, BMT will be increasing their total investment in Umm Qasr Port to over USD 200 million, aimed to further advance the port in the international trade […]
Tags: Aloreen Investment, Basra Multipurpose Terminal (BMT), ENKA, Enka Insaat, featured, Ports, Royal Haskoning DHV, Umm Qasr, Umm Qasr Port
ENKA's Sulaymaniyah Power Plant wins Award
ENKA's Sulaymaniyah 1,500 MW Combined Cycle Power Plant in Iraq has been recognized as the Global Best Project of 2017 by Engineering News-Record (ENR) under the Power/Industrial category. Constructed between 2013 and 2016, the plant is designed to work on two types of fuel – natural gas as the primary and diesel as the secondary […]
UKEF helps GE and Enka secure Power Contract
By Editor on 11th August 2017 in Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News
UK Export Finance (UKEF) has announced that it is supporting the Enka UK and General Electric (GE) consortium with US$117 million in financing to deliver two critical power projects in Iraq. Rt Hon. Greg Hands MP (pictured), UK Minister for International Trade, welcomed the news, saying: "The Department for International Trade through UK Export Finance […]
Tags: Dhi Qar, Dhi Qar Power Plant, electricty, Energy Industry Council, ENKA, Enka Insaat, featured, GE, General Electric, NOF Energy, Samawa, Samawa power plant, Turkey, UK Export Finance (UKEF), United Kingdom
HEESCO Meets Turkish Companies
By John Lee. The director general of the Heavy Engineering Equipment State Company (HEESCO) has held a meeting with a delegation from the Turkish companies ENKA and Gimtas. Mr. Deiaa Gumar said the two companies recognised the capabilities of HEESCO in making equipment for oil refining, production and transportation, and were keen to cooperate with […]
$3bn Power Plant for Bismaya
By John Lee. Reuters reports that Mass Global will partly finance a $3-billion power plant in Bismaya. The gas-fired, 3,000-megawatt plant is being built by Turkey's Enka Insaat, whose chairman Sinan Tara said it would be financed partly from Mass Global's equity and partly from Iraqi lenders. The project will be built in two phases […]
GE’s to Provide Turbines to Iraq
GE (NYSE: GE) has signed a contract with ENKA to supply power generation equipment for a new 750-megawatt (MW) combined-cycle plant being developed by Qaiwan Group in Iraq. GE will provide four 9E gas turbines and one steam turbine for a new power plant in Sulaimaniyah to support the government’s goal of strengthening the electricity […]
Enka Wins $4.5bn Power Plant Deal
By John Lee. Turkish construction giant Enka has reportedly struck a deal with the Iraqi government to build two natural gas combined cycle plants in Baghdad and Sulaymaniyah. The two projects combined are expected to provide 3,000 megawatts to the Iraqi grid. According to the report from Daily Sabah, the deal, covering the construction of […]
Mass Global Selects GE Turbines for Erbil
By John Lee. Mass Global Investment Company has selected GE steam turbine technology to increase the efficiency and the output of the Erbil Power Plant in Iraq's Kurdistan region. In operation since late 2008, the Erbil plant plays a vital role in meeting the growing power needs of Kurdistan, Iraq. Under the new agreement, GE […]
KRG and Turkey Cooperate to Increase Erbil Power Plant Output
KRG Prime Minister Nechirvan Barzani on Thursday inaugurated the first electricity plant anywhere in Iraq to be converted to a combined cycle system. The conversion will increase the amount of electricity produced without using extra fuel to run the plant, to support the growing electricity needs of the Kurdistan Region and Iraq. Speaking at the […]