Construction company Arab Contractors is planning to deliver an electric power plant in Baghdad, Iraq at a cost of US$150mn by the end of 2015
According to Sayed Farouk, first vice chairman of Arab Contractors, the proposed project is one of the largest being implemented by the company in Iraq.
Arab Contractors will be carrying out the project through a consortium with energy solutions provider Elsewedy Electric (SWDY). In 2012, Elsewedy Electric and Arab Contractors entered a joint venture (JV) to build a US$169mn power plant in Aldiwanya, with four 125MW GE turbines.
Iraq has been facing problems in continous power supply for years. Several major plants such as Nainawa, Al-Mansurya and Ruwaila face fuel shortage. As of late 2014, the country?s peak electricity demand was estimated at 16,000MW.
