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FINANCIAL NEWS
Alstom wins USD41.6m contract for Iraq’s Kurdistan substations
17 Jul 2012
(MENAFN) Alstom Grid, a unit of French energy giant Alstom, has secured a USD41.61 million supply contract to provide support for Iraq’s Kurdistan electricity grid, the company said in a press release.
The contract was awarded from KAR Construction & Engineering Company to engineer and supply four 132/33/11 kV Air-insulated Switchgear (AIS) substations and one 132/33/11 kV Gas-insulated Switchgear (GIS) substation for the Kurdistan Regional Government Ministry of Electricity.
Kar Construction & Engineering Company is part of Kar Group, a local and privately owned Iraqi company involved in turnkey projects, private power plants, oil refineries, oil pipelines and vehicle insurance.
The contract also includes the development of three existing area substations. All substations are located within the Dohuk Governorate.
The local Ministry of Electricity placed several tenders under “Stage 6” for substations in Erbil, Sulaymania and Dohuk Governorates as part of the region’s efforts to meet increasing demand for power driven by rapid economic development.
Upon completion, the substations will enable the expansion of the transmission and distribution networks in the main city of Dohuk and surrounding suburbs.
Dohuk substations are scheduled to operate in September 2013.
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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