New power plant to significantly boost production
Kurdistan and Czech Republic to build a power station in Khormala
Czech Republic’s Export Bank is in negotiations with a local Kurdish energy company about establishing a power station in the Khormala area in Kurdistan Region.
The projected capacity of the power plant is 1,000 megawatts.
The idea of the project was discussed during a meeting of the Electricity Minister of Kurdistan Regional Government (KRG) Yassin Sheikh Abubakir with the Deputy Minister of Finance of the Czech Republic Jan Gregor, the country’s ambassador to Iraq Alexander Langer, Director of the Czech Bank and a delegation from the Kar Group.
In addition to this project, the Czech delegation reiterated their willingness to do participate more in other projects in Kurdistan Region.
If this project is completed, it would significantly add up to the power production capacity of Kurdistan Region, which is striving to meet the electricity demand of the region 100% and produce even more power to be sold to other parts of Iraq.
Kurdistan currently generates 2,800 megawatts of electricity and the KRG Electricity Ministry is planning to boost production to reach 6,000 megawatts by the year 2016.