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FINANCIAL NEWS
ABB wins USD30mn substation order for Iraq plant
04 Aug 2017
(MENAFN) ABB, a pioneering supplier of substations, has won an order in order to supply and install a substation at the 3.000 MW Rumaila power plant.
Meanwhile, the completed power plant will be operated by Shamara Holding Group, one of Iraq’s largest private industrial conglomerates.
Furthermore, the Rumaila power plant is projected to grow power generation capacity of almost 20 percent and address acute shortages of elect.
The 3.000MW from the plant will add to Iraq’s recent generation of 13.000MW, which is short of the nation’s peak load demand of almost 23.000MW.
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MENAFN0408201700450000ID1095690572
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