Siemens wins $128m Iraq plant contract
Erlangen (Germany), September 12, 2012
Siemens said it has won a contract worth more than 100 million euros ($128 million) from Erbil-based KAR Group to supply gas turbines and generators for a gas turbine power plant in northern Iraq.
As per the contract, Siemens will deliver four SGT5-2000E gas turbines and four SGen5-100A generators along with the associated auxiliary and ancillary systems at Khormala plant.
KAR Construction and Engineering Company is erecting the Khormala plant for the independent power producer KAR Group and the commissioning is scheduled for 2013.
The four-unit Khormala gas turbine power plant is located 25 km south of Erbil, the region’s capital, which falls under the administrative authority of the Kurdistan Regional Government (KRG), said a statement from Siemens.
With an installed electrical generating capacity of 640 MW, this is the first major power plant project for the KAR Group, which will operate the facility. Plant output is enough to meet roughly one quarter of the region’s power demand, delivering electricity to over four million people, it added.-TradeArabia News Service
More Energy, Oil & Gas Stories
- Saudi Nov output steady, pumps 9.745m bpd
- Libya lost $7bn to oil strikes, says minister
- Iran to start gas exports to Iraq by July 2014
- Taqa invites banks ahead of bond issue
- Dewa ups 2014 budget by $1.8bn from 2013
- Egypt govt pens energy debt payoff deal
- Qatar ready to invest in Turkey power project
- Asia gasoline margins set to plunge in 2014
- Egypt signs oil exploration deals with foreign firms
- Eaton appoints new Mideast GM