Electricity In Iraq Archives - Panorama Insurance Brokers

Iraq, UAE sign Contract to build 5 Solar Power Stations

By John Lee. Prime Minister Mustafa Al-Kazemi attended a signing ceremony on Wednesday for the construction of five new solar power stations by Masdar (Abu Dhabi Future Energy Company). This covers the first phase of the project, covering 1,000 megawatts of power out of a planned total capacity 2,000 megawatts. The signing ceremony was attended… Read More

KRG launches two Electricity Projects worth $1.2m

By John Lee. The Kurdistan Regional Government (KRG) has recently launched what it describes as “two massive electricity projects” in Makhmour. They are the Bnar power station, built by the Girshin Company, and a 33 KV power-line at Qaraj, implemented by Palos. The projects have a combined cost of 1.742 billion dinars [$1.2 million]. (Source:… Read More

Elsewedy and TTC complete Substations in Iraq

By John Lee. Elsewedy Electric and Toyota Tsusho Corporation (TTC) have reportedly announced the completion of four electrical substations in Southern Iraq. According to Zawya, the $546-million contract was signed in February 2018, with the participation of the Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFJ, and Sumitomo-Mitsui Banking Corporation, under insurance cover… Read More

Iran “Suspends” Export of Electricity to Iraq

By John Lee. Iraq’s Electricity Minister has reportedly said that Iran has suspended exports of electricity to Iraq on Tuesday. According to Basnews, the decision is due to reduced water levels feeding hydro-electric plants in Iran. Iraq had just received a waiver from the US allowing it to continue importing electricity from Iran. (Source: Basnews)

Amid Iranian Gas Shortage, Iraq searches for Alternatives

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Amid Iranian gas shortage, Iraq searches for alternatives Iran’s dilapidated gas infrastructure has limited its transfers to Iraq, adding to Iraq’s own energy crisis. Click here to read… Read More

“Cautious Steps” toward Privatizing Iraq’s Electricity Sector

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq takes cautious steps toward privatizing electricity sector With the increasing power cuts in Iraq, calls are mounting to expand privatization as a permanent solution. Click here to… Read More

GE announces ‘Energy Transition Plan’ for Iraq

GE has announced a comprehensive “Energy Transition Plan” for Iraq,  presenting its transformative strategies to support the country’s evolution to a cleaner energy future. The plan includes several key pillars that support the government’s goals to enhance Iraq’s power infrastructure, as well as promote decarbonization and energy sector diversification. The Energy Transition Plan was announced… Read More

Iraqi Cabinet allocates $34m for Emergency Electricity Work

By John Lee. Prime Minister Mustafa Al-Kadhimi chaired the regular session of the Iraqi cabinet on Tuesday. Addressing the ongoing crisis in electricity supply, the cabinet agreed to allocate 50 billion Iraqi dinars ($34 million) for emergency expenses and maintenance of the electricity infrastructure. This will be achieved by profitable Ministry of Oil companies lending… Read More