Iraq to double Turkish electricity imports
18 February 2025
Iraq's Electricity Ministry has discussed plans to double the amount of electricity it imports from Turkiye to 600MW.
It is understood that Iraqi Electricity Minister Ziyad Ali Fadhil and a Turkish delegation headed by Undersecretary of the Ministry of Foreign Affairs, Peris Akinci, met on 17 February.
"The two parties discussed accelerating procedures to double the amount of energy imported from Turkey to 600MW, instead of the current 300MW, and rehabilitating the Jezreh – Kesk transmission line to accommodate the increase in the quantities of energy supplied," Iraq's Ministry of Electricity said in a statement reported by the Iraqi News Agency.
The two countries also reached an agreement for "strategic" energy production projects with the establishment of several new stations and transmission lines.
The Turkish delegation confirmed Ankara's commitment "to work quickly to increase the amount of energy through the interconnection lines to 600MW after obtaining the approvals of the European Union".
Iraq periodically suffers from power outages, especially during the summer months, when increased cooling requirements overwhelm its power plants and electricity grid.
The country had a total installed power generation capacity of about 30,000MW as of the end of 2021, according to data published by the International Renewable Energy Agency (Irena).
However, it is understood that operational capacity is significantly lower and is about 6,000MW short compared with summer peak demand, with Iraq relying on Iran for an average of 1,200MW of electricity annually to augment supply.
Earlier this month, US-headquartered GE Vernova said it completed the upgrades of “several key” power plants in Iraq.
The overall upgrade project covers 46 gas turbines across 12 power plants, adding up to 500MW to Iraq’s national grid before the summer of 2025.
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The request for qualifications (RFQs) was issued by the municipality’s Sewerage and Recycled Water Projects Department (SRPD).
The bid submission deadline is 26 February.
The first scheme under the package is TF-16-C1, which involves upgrading and rehabilitating the stormwater system east of the Dubai Canal.
The second, TF-15-C2, will deliver stormwater links along Umm Suqeim Road to serve the Al-Barsha and Al-Quoz communities.
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Several engineering, procurement and construction (EPC) contracts have been awarded under the Tasreef initiative, which aims to expand Dubai’s rainwater drainage capacity by 700% by 2033
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Distributed to senior decision-makers in the region and around the world, the February 2026 edition of MEED Business Review includes:
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Modon tenders Ras El-Hekma construction contracts
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Abu Dhabi-based developer Modon Holding has tendered several contracts as part of the first phase of development at Ras El-Hekma, a planned new city on Egypt’s Mediterranean coast.
MEED understands that the tenders were issued in January.
These include:
DP3 assets: covering 146 residential villas, 590 three-bedroom townhouses, 356 four-bedroom townhouses, a mall and other associated works.
Bids due on 23 February.
DP4 assets: DP4 includes 54 villas, a clubhouse and other associated infrastructure.
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DP7 assets: 120 five-bedroom villas, 230 seven-bedroom villas, 284 branded residential units and other infrastructural works.
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Modon has accelerated development works at Ras El-Hekma this year. In January, MEED reported that Modon Holding had awarded a E£15bn ($316m) contract for the construction of a project at Ras El-Hekma.
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The scope of the contract covers the construction of residential units, commercial facilities and a 70-key hotel.
In September, MEED reported that Modon Holding had tendered contracts for the infrastructure works for the first phase of the Ras El-Hekma project.
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Commercial International Bank Egypt (CIB) has provided €58m in credit facilities to local firm Elsewedy Electric for the construction of a combined-cycle gas turbine (CCGT) power plant in Hungary.
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AD Ports will hold a 70% stake in the joint venture, with the remaining 30% held by ADC.
AD Ports Group will also invest AED141m ($38.4m) in the joint venture.
The signing ceremony was held at the Aqaba Special Economic Zone Authority headquarters in Aqaba on 5 February.
The agreement was signed by Hussein Safadi, CEO of ADC, and Ahmed Al-Mutawa, regional CEO of AD Ports Group.
Aqaba port handles about 80% of Jordan’s exports and 65% of its imports.
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In 2025, the terminal handled over 5.3 million tonnes of cargo and nearly 85,000 car equivalent units of Ro-Ro imports.
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The announcement followed AD Ports Group’s signing of a shareholders’ agreement in January 2024 between its digital arm, Maqta Gateway, and Jordan’s Aqaba Development Corporation regarding their existing joint-venture company, Maqta Ayla.
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Chinese firm wins Ceer automotive supplier park deal
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Beijing-headquartered Metallurgical Construction Corporation (MCC) has won a contract to undertake the steel structure works on the Ceer automotive supplier park in King Abdullah Economic City (KAEC).
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