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FINANCIAL NEWS
ABB wins USD30m order in Iraq’s Kurdistan
21 Jul 2013
(MENAFN) Swiss power and automation technology firm ABB has won a USD30 million order from Zagros Energy to build four new transmission and distribution substations in the Kurdistan region of Iraq, the Construction Week magazine reported.
Currently, the Kurdistan power grid supplies around 2,750 megawatts (MW) of electricity, with more than 90 percent of the capacity owned and operated by independent power companies.
The project is part of an overall initiative to expand and strengthen the regional power grid. ABB’s project scope includes the design and supply of the substations and will enable an additional 600 MW of power to the region.
Two substations will be connected with 132 kilovolt (kV) underground cables due to the lack of space for overhead lines. Circuit breakers and air-insulated switchgear, control and protection systems, capacitor banks as well as power transformers and other high-voltage equipment, will form part of the key product supplies. The project is scheduled for completion in 2014.
Kurdistan plans a capacity expansion to approximately 4,000 MW in short term, while in longer term, the ambition is to reach 10,000 MW, which would open up the possibility of exporting power to neighboring countries.
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