The Al Rasheed Gas Station Expansion is 250MW gas fired power project. It is planned in Baghdad, Iraq. The project is currently in announced stage. It will be developed in multiple phases. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 250 | – | 250 | Announced | Baghdad, Iraq | Ministry of Electricity, Iraq |
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Description
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The project is being developed and currently owned by Ministry of Electricity, Iraq.
It is a thermal power plant.
The project cost is expected to be around $254.55m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
About Ministry of Electricity, Iraq
Ministry of Electricity of Iraq (MEI) is a government owned electric commission. It is the principal organization that administers the power sector in the country. The ministry is responsible for generation, transmission and distribution of electricity in Iraq. MEI classifies its operations into DG of production, DG of transmission, DG of distribution and DG of projects. The ministry is also responsible for operation maintenance and control; training and development; and importing electricity from neighboring countries such as Syria, Turkey and Iran. It imports electricity from these countries to meet Iraq’s excess electricity demand. Ministry of Electricity of Iraq is headquartered in Baghdad, Iraq.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
