STX Wins $150m Power Plant Order

South Korea’s STX Heavy Industries has said it has won a $150-million order to construct and operate a power plant in Amara, in Missan province.

Under the turnkey contract signed with Iraq’s Ministry of Electricity, STX will take responsibility for the operation and maintenance of the plant for a year after its completion.

It will be equipped with four 125-megawatt gas turbines, and is to be completed by June 2014.

A 200-MW, diesel-fueled station to the north of Amara was also built by STX and opened in June.

Reuters reports that in July STX won a $195-million contract from a consortium led by Italian energy company ENI to build an oil and gas processing plant in Basra.

(Source: Reuters)

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