the head of Iraq’s country wide investment commission (NIC), Dr. Haider Mohammed Makia [Makiyya], has announced the signing of two investment licences with Al-Bilal group for wellknown Contracting Ltd. to expand sun strength flora in Karbala and Babil provinces, with a mixed capability of 525 megawatts.
The projects will consist of a 225-MW plant in Alexandria (Iskandariya), Babil, and a three hundred-MW plant in Karbala.
Partial operation is expected to begin by way of mid-June this 12 months with seventy five MW, while the closing potential will observe after economic closure is secured by the investor and the investment financial institution.
In July 2023, the Iraqi cupboard approved a discount in the power purchase tariff for those initiatives from $40.7/MW-hour to $39.five/MW-hour.
, Dr. Haider Mohammed Makia [Makiyya], has announced the signing of...){kind=link}