BKPS, an affiliate of energy company Karpowership, has signed a contract with Iraq’s Ministry of Electricity and the General Company for Electric Energy Production/Southern to initiate a new power generation project in the country.
The project will provide 590MW of electricity via Karpowership’s two distinctive Powership vessels.
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This initiative aims to strengthen the country’s energy security by delivering quick, dependable and affordable electricity.
BKPS will supply electricity for an initial contract duration of 71 days, to stabilise the national grid and fulfil demand.
The Powerships are set to be stationed at the Khor Al Zubair and Umm Qasr ports in Basra, with operations commencing in August 2025.
The Powerships are equipped to utilise multiple fuels and are fully self-sufficient with all necessary onboard facilities.
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By GlobalDataThey will offer a cost-effective and swiftly deployable solution, circumventing the protracted construction timelines associated with land-based power infrastructure.
Karpowership chief commercial officer Zeynep Harezi Yılmaz stated: “We are honoured to partner with Iraq in advancing its energy resilience.
“This project represents a strong step toward bridging the electricity gap and aligns with our mission to provide rapid, flexible and reliable power wherever it is needed most.”
Karpowership has a proven track record of delivering floating power solutions globally, with operations in 16 countries across four continents.
The company’s Powership technology offers a practical, scaleable solution to enhance energy security, with the flexibility to operate on multiple fuels while providing reliable power to support economic development.
Karpowership’s vessels can provide comprehensive energy solutions wherever required, connecting to the grid and generating electricity in under 30 days.
Iraq has encountered difficulties in delivering reliable energy to its citizens since the US-led invasion in 2003.
The ensuing turmoil, marked by underinvestment and mismanagement, has resulted in the national grid struggling to meet demand.
In early August 2025, the country suffered an outage in the central and southern regions due to a sudden shutdown of the Hamidiya power plant in Anbar province.
In April, Iraq signed memoranda of understanding (MoUs) with the US to develop 27GW power projects within the country to diversify its energy sources and lessen its dependence on power imports from Iran.
