$550 Iraq power deal for Alstom
New Iraq power plant is awarded to French power company Alstom
Alstom has been awarded a $550 million power plant contract in Iraq, the French trade minister, Pierre Lellouche has announced.
In a statement from his office, the minister confirmed the award of the Mansuriyah power plant to Alstom, in a bid to help the country’s ailing infrastructure. Iraq’s grid can currently only generate power for a few hours a day, and this latest power project will allow the country to begin rebuilding its grid.