Siemens Gets EUR280 Million Iraq Power Plant Order
July 09 2019 - 9:26AM
Dow Jones News
By Nathan Allen
Siemens AG (SIE.XE) said Tuesday that it has received an order
valued at 280 million euros ($314.2 million) to supply components
and services for a combined-cycle power plant under construction in
Iraq.
The German engineering group will supply gas turbines, a steam
turbine and the main transformers for the 840-megawatt plant, which
will generate power for more than 3 million Iraqis.
Chinese construction group CITIC Construction Co. is overseeing
the project, which is scheduled to start up in 2021 and ramp up to
full capacity in 2022.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 09, 2019 09:11 ET (13:11 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Siemens (TG:SIE)
Historical Stock Chart
From Apr 2024 to May 2024
Siemens (TG:SIE)
Historical Stock Chart
From May 2023 to May 2024
