The National (10 April 2019)
Iraq is viewing the proposal by German firm Siemens to overhaul the country’s power infrastructure favourably, according the country’s electricity minister.
"We have a good and equal and balanced relationship with all countries who are willing to support Iraq but I must admit that Siemens roadmap to Iraq is quite helpful because it looks at the cross sector from transmission, distribution and power generation to build that much-needed value chain to help Iraq move its power sector in the right direction,” Luay Al Khateeb told The National on the sidelines of the Berlin Energy Transition Dialogue.
Siemens, Germany’s largest industrial firm submitted a proposal to the Iraqi federal government last year to add 11GW of capacity as part a $15 billion (Dh55.08bn) deal to overhaul the country’s war-torn power infrastructure. Both Siemens and rival GE submitted proposals to rehabilitate Iraq’s utilities sector with the US firm pledging to undertake a 14GW capacity addition. Reports suggested last year that the Iraqi government was being pressured by the US to choose GE over Siemens for power contracts. However, both firms signed preliminary contracts for the planned capacities with the Iraqi government.
A World Bank assessment has pegged the cost of rebuilding Iraq at around $150bn, with the utilities sector ranking high on the government’s priority. A crippled utilities network was the main factor behind protests across Iraqi provinces during the summer months, when temperatures easily reach up to 50°C, occasionally requiring government mandated holidays to cope with the extreme weather.
GE had said at the time that its plans for Iraq’s power infrastructure could result in 65,000 direct and indirect jobs, leading to annual savings and recoverable losses of up to $3bn. Meanwhile Siemens had said its plan will examine “a series of short, medium and long-term plans to meet the reconstruction goals of Iraq and support the country’s economic development”.
https://www.thenational.ae/business/energy/iraq-views-siemens-plan-for-its-power-sector-favourably-1.846922
No comments yet.
- AZERBAIJAN TO DISPATCH HUMANITARIAN AID TO FLOOD-AFFECTED IRANIANS The Caucasus and Turkish-Armenian Relations 10.04.2019
- US AGRICULTURE MINISTER: EUROPE WILL PAY THE PRICE FOR IGNORING SCIENCE Europe - EU 10.04.2019
- ARMENIA CENTRAL BANK CHIEF HEADS TO WASHINGTON The Caucasus and Turkish-Armenian Relations 10.04.2019
- BOSNIAN GOVERNMENT BICKERING COSTS IT SEAT AT COUNCIL OF EUROPE ASSEMBLY The Balkans 10.04.2019
- UZBEKISTAN, MONGOLIA TO HOLD POLITICAL CONSULTATIONS IN TASHKENT Central Asia 10.04.2019
-
Türk-Ermeni İlişkileri Üzerine Ömer Engin Lütem Konferansları 2023 -
Türk-Ermeni İlişkileri Üzerine Ömer Engin Lütem Konferansları 2022 -
RADİKAL ERMENİ UNSURLARCA GERÇEKLEŞTİRİLEN MEZALİMLER VE VANDALİZM -
PATRIOTISM PERVERTED -
MEN ARE LIKE THAT -
BAKÜ-TİFLİS-CEYHAN BORU HATTININ YAŞANAN TARİHİ -
INTERNATIONAL SCHOLARS ON THE EVENTS OF 1915 -
FAKE PHOTOS AND THE ARMENIAN PROPAGANDA -
ERMENİ PROPAGANDASI VE SAHTE RESİMLER -
Türk-Ermeni İlişkileri Üzerine Ömer Engin Lütem Konferansları 2021 -
A Letter From Japan - Strategically Mum: The Silence of the Armenians -
Japonya'dan Bir Mektup - Stratejik Suskunluk: Ermenilerin Sessizliği -
Türk-Ermeni Uyuşmazlığı Üzerine Ömer Engin Lütem Konferansları 2020 -
Anastas Mikoyan: Confessions of an Armenian Bolshevik -
Sovyet Sonrası Ukrayna’da Devlet, Toplum ve Siyaset - Değişen Dinamikler, Dönüşen Kimlikler -
Türk-Ermeni Uyuşmazlığı Üzerine Ömer Engin Lütem Konferansları 2019 -
Türk-Ermeni Uyuşmazlığı Üzerine Ömer Engin Lütem Konferansları 2018 -
Ermeni Sorunuyla İlgili İngiliz Belgeleri (1912-1923) - British Documents on Armenian Question (1912-1923) -
Turkish-Russian Academics: A Historical Study on the Caucasus -
Gürcistan'daki Müslüman Topluluklar: Azınlık Hakları, Kimlik, Siyaset -
Armenian Diaspora: Diaspora, State and the Imagination of the Republic of Armenia -
Ermeni Sorunu Temel Bilgi ve Belgeler (2. Baskı)
-
CONFERENCE TITLED “HUNGARY’S PERSPECTIVES ON THE TURKIC WORLD"