Tag Archives | Hilla

GE Closes Financial Deal for Iraqi Electricity Projects

Iraqi Ministry of Finance and GE Mark Financial Close of Power Up Plan The Iraqi Ministry of Finance (MoF), GE and their financial partners have celebrated the financial close -- a critical milestone that marks the final step of a loan agreement becoming effective -- of the Power Up Plan 4 (PUP4). Under PUP4, GE […]

Suicide Bomber Kills Scores of Shia Pilgrims in Hilla

By John Lee. A suicide truck bomb has killed more than 80 people, most of them Iranian Shia pilgrims, in the city of Hilla, 60 miles (100km) south of Baghdad. The Islamic State group (IS, ISIS, ISIL, Daesh) has claimed responsibility for the attack. The pilgrims were on their way back to Iran from the […]

Unemployed Iraqis join in Looting of Antiquities

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is a great mine of antiquities, with around 13,000 historical and archaeological sites. But today, they lack protection in the absence of law and the deteriorating security conditions in the […]

Iraq Adds 250MW to National Grid

By John Lee. A spokesperson for Iraq's Electricity Ministry, Musaib al-Mudarisi, says the newly constructed power plant in Babel is now fully operational, adding 250 megawatts of power to the national grid. The plant comprises two generating units, each with 125 megawatts, and has already been linked to the national grid. The plant was inaugurated by […]

Gas-fired Power Plant in Hilla

Electricity Minister Karim Wahied on Monday laid the cornerstone of a gas-fired power plant in Hilla at a cost of $84 million. “The plant will work with a total capacity of 250 MW and the project was referred to a Canadian company, which signed the contract a few days ago,” Wahied said at a press […]