Iraq signs $1bn deal with Shanghai Electric for Baghdad plant extension

Iraq’s electricity ministry has signed a $1bn deal with China’s Shanghai Electric to increase the size of a power station south of Baghdad from 1320 megawatts (MW) to 2540 MW.
 
According to Reuters the plant, which is currently under construction in the town of Zubaidiy, was initially going to have 4330 MW generators, but under the new deal, it will also feature two 610 MW units. Shanghai Electric began work on the project in May 2010, when it was valued at $924m.
 
Improving the stability of Iraq’s national grid is one of the government’s priorities, given that presently, power is typically only available for a few hours a day. Last month, Iraq’s electricity minister said that the country needs over 15 GW to meet peak summer demand compared to a projected supply of 7 GW, implying a shortfall of 8 GW.
  

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs