Six companies competing for Iraq power project
Iraq's Electricity Ministry considers bids for Anbar power plant
Iraq's Electricity Ministry has told Dow Jones that it is considering bids from six international companies for the tender to build a 1,500 MW power plant in Anbar. The project, in central Iraq, is the subject of bids from Saipem SpA, Metja, Hyundai Engineering, Gama, and a consortium of Techint Engineering and Calik.
Dow Jones reports that the tender committee will considers the bids and make a recommendation to the ministr within one month. Work on the site is scheduled to take 33 months, with two units operated by gas and two more operated by another fuel.
The country earlier this month announced it was planning to double power production by next year, rising to 12,330 MW by April 2013. The country is currently suffering from regular electricity shortages as demand regularly far outstrips power capacity.
Greece's Metka is already involved in the Iraqi power market, having announced late last year that it had been awarded a contract to build a 1,250 MW plant in Basra in Southern Iraq.