No ‘either-or’: Iraq wants both Siemens and GE for fast-track power boost
Electricity Minister Luay al-Khatteeb is prioritizing short-term supply gains, seeking to combine elements of two larger proposals from rival multinationals.
A worker is seen walking at a power Station in Basra, Iraq December 22, 2018. (ESSAM AL-SUDANI/Reuters)
BAGHDAD - Iraq is significantly narrowing the scope of impending deals with two international companies that had been competing for massive, long-term contracts, as the Electricity Ministry sharpens its focus on the short-term goal of improving power service in time for summer.
"At the moment, our priority is very much on focusing on the fast-track solutions, to survive the next two years and the heat of summer," said Electricity Minister Luay al-Khatteeb.
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