Monday, November 25, 2024

Baghdad

Minister, WB official discuss station rehabilitation

BAGHDAD / IraqiNews.com: The Iraqi minister of electricity on Wednesday discussed with the head of the World Bank branch in Iraq a $124 million project to rehabilitate Basra’s al-Haritha station, which has been referred to a Russian company. The meeting tackled the reasons behind the company’s delay in implementing the project, according to a statement released on the web site of the Electricity Ministry. Also discussed during the meeting was a plan to provide a $1 billion coverage for some of the contracts signed between the ministry and General Electric (G.E.). The company has agreed to supply Iraq with 56 units with a capacity of 125 MW each at a cost of $3 billion U.S. dollars. SS (P)/SR 1

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