China’s Shanghai Electric wins $900 million power contract in Iraq
China’s Shanghai Electric Group, a multinational power generation company, has won a $924 million contract for the construction of four power generators at Iraq’s al-Zubaidiya power plant, according to Electricity Minister Raad Shallal.
The minister said the new agreement will add 1,220 megawatts to Zubaidiya, boosting the plant’s total capacity 2,540 megawatts, he said.
Initially, the Chinese were to construct four 330-megawatt thermal generators at the site, the minister said, adding that the new agreement calls for the construction of two more thermal generators each capable of producing 610 megawatts.
Once completed, the Zubaidiya thermal power plant will be the largest in the country.
“The new contract represents a gigantic leap in Electricity Ministry’s contracts. Thermal power plants are the backbone of the national grid,” the minister said.
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