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  • 15-12-18

    Iraq, Iran finalize major electricity deal

    (MENAFN) Iraq was confirmed to be in the process of completing an agreement with Iran on realizing power demands of Iraqi citizens.

    The major electricity deal is to achieve the needs of Iraq for turbines and electrical tools at its power plants.

    Iran-Iraq Chamber of Commerce vice president Alireza Kolahi stated: "the quality of Iranian electrical equipment is so high, that the Iraqi government has canceled its contract with the American General Electric company, to import Iranian equipment."

    Kolahi added: "unfortunately, previous Iraqi Energy Minister did not cooperate with Iran in expanding bilateral trades. The minister prevented work of Iranian companies but the new Energy Minister is keen to cooperate, until now several agreements have been signed in the fields of energy which would be a positive step if they turn them into contracts."

    MENAFN1512201800450000ID1097832759

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