Iraq has signed a contract to buy 250 megawatts of electricity per day from UAE's Oilfield Services, the Electricity Ministry said. Iraq's has earlier announced US$7 billion worth of major deals to help plug the country's electricity shortage.
The ministry signed preliminary deals with General Electric, Siemens and another company to generate 9,800 megawatts of electricity, Karim Waheed, the Electricity Minister, told Reuters.
Newzglobe.com. Copyright © 2012. All rights reserved. Source: http://www.albawaba.com/business/uae-iraq-electricity-contract-421108
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