Alstom awarded $550M Iraq power contract
French engineering group Alstom has been awarded an electrical power-plant contract in Iraq worth $550 million, France's ministry of trade said on Tuesday.
November 2, 2011 12:00 by Reuters
“The Iraqi Deputy Prime Minister confirmed…the award of the Mansuriyah electrical power plant contract to Alstom for a total value of $550 million,” a statement from Lellouche’s office said.
Oil services group Technip will also sign two agreements relating to Iraqi oil fields on Wednesday, the statement said.
Iraq’s power infrastructure has been badly damaged by decades of war and sanctions, and 8-1/2 years after the U.S.-led invasion its national grid still only supplies a few hours of power a day. (Reporting By Lionel Laurent; Editing by Hans-Juergen Peters)
More on GCC
-
Qatar to announce new energy infrastructure fund
-
Qatar Holding, Italy Fund Eying Versace – Paper
-
Saudi government websites targeted
-
NCoV – First report of patient-to-nurse spread
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
GMR reveals top 50 Mena Corporate Brands
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
-
Emirates Airline reaps expansion profits
-
Saudi Arabia has 13 cases of SARS-like Coronavirus – WHO
-
UAE Central Bank Shuts Two Money Exchange Firms For Violations
-
Emal plans further expansion
-
Dubai looking at alternatives to repay debt
-
Two more die in Saudi Arabia from SARS-like virus – WHO
-
Alwaleed’s Kingdom on the prowl
-
Qatar Airways now looks to Airbus
-
World’s Longest-Range Passenger Jet
Lately on Kipp
-
Kuwait: expats sent packing
-
A maid’s wage
-
ManageEngine Expands NoSQL Support with Redis Monitoring
-
RGH ENTERTAINMENT PRODUCES NEW ANIMATED FEATURE FILM, LIFE AND ADVENTURES OF SANTA CLAUS
-
Dubai Duty Free Honoured at the 4th Sheikh Mohammed bin Rashid Al Maktoum Patrons of the Arts Awards 2013
-
Qatar to announce new energy infrastructure fund































