Turkey's Kartet secures Kurdistan power deal
Reports say energy firm is set to supply region with 200MW per year
Turkey’s Kartet has reportedly been awarded a contract to supply Iraq’s Kurdistan with 200 MW of electricity per year, according to a Reuters report. The energy firm has now applied for an export licence to make the deal possible, though there are concerns that the contract – made with the Kurdistan Regional Government (KRG) – will create tensions with the Iraqi government.
Kartet has previously supplied Iraq with power between 2003 and 2008, but these exports were halted after security concerns and a payment dispute halted them completely in 2012.
The Kurdish region is frequently lauded for its power investment, which has seen supplies that are much more consistent than in the rest of the country. Last year saw a flurry of activity in the sector, with a number of grid upgrade deals being announced, together with news of a new 640MW power station, and an upgrade to a plant in Erbil.