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Iraq bags gas plant bids
22 August 2011: The three foreign companies have submitted their bids to construct a 1,014 MW gas based power plant north of Baghdad. The ministry has elaborated that South Korea's Hyundai Engineering & Construction bid at around $500m (approx Rs 2275 crore), Egypt's Orascom Construction at $463m (approx Rs 2106.65 crore) and a Chinese company offered a bid at $337m(approx Rs 1533 crore). The plant will include six gas units, each with a capacity of 169 MW, which Iraq bought from Siemens in a contract signed in 2008.
Source: Ameinfo