Tuesday, June 14, 2011
ISTANBUL- Hürriyet Daily News
Iraq's Electricity Minister says his government will flow some $77 billion into a long term project to improve electricity production and distribution. Iraq plans to finalize a $22 billion portion of the investment until 2015.
 A general view from the Iraqi capital Baghdad is seen in this photo. The government is working on a big project to meet the rising electricity demand in both cities and rural areas. Bloomberg photo |
The Iraqi government is planning to invest $77 billion in country-wide projects to generate and distribute electricity in a bid to repair and develop its war-hit network and meet increasing power demands.
Several Turkish companies, including Çalık, which is currently running energy projects in the country, are interested in this new project, Al’a Disher Zamil, the Iraqi electricity minister told Hürriyet Daily News on the sidelines of a Monday meeting in Istanbul.
Economically reviving northern Iraq, which is desperately in need of power, is one of the regions being prioritized, Zamil said at the Iraq Power, Gas Projects conference held by the Foreign Economic Relations Board of Turkey, or DEİK, and Middle East Business Intelligence, or MEED.
“The ministry aims to generate and transfer the electricity that economically emerging regions, especially northern Iraq, desperately need,” said Zamil.
The Iraqi government plans to invest an initial $22 billion in the beginning phase of the project, which will last until 2015, he said.
Many Turkish firms are eyeing opportunities that lie in the fast-developing Middle East region, the minister said, adding that Turkey’s Çalık, a leading energy and construction, was also interested in the project.
Last month, Çalık laid the foundation for Iraq’s Karbala Al-Khariat power plant, which is expected to produce 2,000 megawatts of energy.
Demand in transmission
“Extra capacitors are required, mainly in Dohuk in the north, to achieve satisfactory voltages,” said Jeff Larkin, country manager of Parsons Brinkerhoff in Iraq.
“Currently, seven transmission lines are overloaded and Dohuk is deficient in generation, so more power transfers from Iraq via the Mosul Dam and Turkey were required to meet increased demand,” he told the Hürriyet Daily News. Turkey exports electricity to Dohuk.
Still, according to Larkin, the situation might change in the near future. “After the billion-dollar investments in the region, northern Iraq could also export electricity to Turkey,” Larkin said.
He also said Turkey was able to manufacture almost all the products needed at the electricity grids, including transformers. “Most of the investors in the region will purchase the products from Turkey as the logistics and manufacture costs are lower than many countries.”
Several Turkish companies, including Çalık, which is currently running energy projects in the country, are interested in this new project, Al’a Disher Zamil, the Iraqi electricity minister told Hürriyet Daily News on the sidelines of a Monday meeting in Istanbul.
Economically reviving northern Iraq, which is desperately in need of power, is one of the regions being prioritized, Zamil said at the Iraq Power, Gas Projects conference held by the Foreign Economic Relations Board of Turkey, or DEİK, and Middle East Business Intelligence, or MEED.
“The ministry aims to generate and transfer the electricity that economically emerging regions, especially northern Iraq, desperately need,” said Zamil.
The Iraqi government plans to invest an initial $22 billion in the beginning phase of the project, which will last until 2015, he said.
Many Turkish firms are eyeing opportunities that lie in the fast-developing Middle East region, the minister said, adding that Turkey’s Çalık, a leading energy and construction, was also interested in the project.
Last month, Çalık laid the foundation for Iraq’s Karbala Al-Khariat power plant, which is expected to produce 2,000 megawatts of energy.
Demand in transmission
“Extra capacitors are required, mainly in Dohuk in the north, to achieve satisfactory voltages,” said Jeff Larkin, country manager of Parsons Brinkerhoff in Iraq.
“Currently, seven transmission lines are overloaded and Dohuk is deficient in generation, so more power transfers from Iraq via the Mosul Dam and Turkey were required to meet increased demand,” he told the Hürriyet Daily News. Turkey exports electricity to Dohuk.
Still, according to Larkin, the situation might change in the near future. “After the billion-dollar investments in the region, northern Iraq could also export electricity to Turkey,” Larkin said.
He also said Turkey was able to manufacture almost all the products needed at the electricity grids, including transformers. “Most of the investors in the region will purchase the products from Turkey as the logistics and manufacture costs are lower than many countries.”
Hiç yorum yok:
Yorum Gönder