Alstom provides new power to Iraq
New plant will help boost country's ailing generating capacity
A new power plant tipped to help Iraq increase its generating capacity will begin producing power in the second half of 2012, a statement from the country’s ministry has said.
The $94m plant will be constructed by French energy giant Alstom, and is planned for the Nineveh province. It will help ease the burden placed on the country’s existing infrastructure, which currently fails to provide enough electricity to power the country full time. The terms of the plant’s contract state that Iraq will pay 10 per cent of the expenses in advance, and a further 40 per cent 12 months after the launch of the construction of the project.