By John Lee. South Korea’s LS Industrial Systems has won a $67-million deal to build power distribution control centres for the Iraqi government. Under the deal with the Ministry of Electricity, the company will build seven distribution control centers across the country by early 2015. According to the report from Electric Light and Power, the centres […]
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Iraq in $1bn Power Deals with Chinese, Korean Firms
Reuters reports that Iraq has finalised a $1.08 billion contract with the China National Machinery & Equipment Import & Export Corp (CMEC) to build a 1,260-megawatt thermal power plant. “The signing will take place next week or the week after,” Laith al-Mamury, the head of investments and contracts at the ministry, said at a ceremony […]