Russia's Energy Minister Sergei Shmatko will rebuild Iraqi power stations constructed in time of the Soviet Union.
Russia will proceed with executing electricity contracts in Iraq. The RF Energy Minister Sergei Shmatkov and Iraq’s Minister of Electricity Karim Wahid Hasan deliberated on potential cooperation yesterday. The first project could be rebuilding the Harta Thermal Plant by Tekhnopromexport. Russia’s chances to benefit from over $10 billion that Iraq intends to inject into its electricity facilities appear rather solid now.
Sergei Shmatko met with his Iraqi counterpart yesterday, August 18, 2008. The highlight was the rebuilding project for Harta Thermal Plant executed by Russia’s Tekhnopromexport. The company won the tender far back in 1990s, but the war in Iraq prevented it from beginning the work.
The war in the Persian Gulf lowered the installed capacity of Iraqi power plants to 5.5MW,
clipped from: www.kommersant.com 
