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Πέμπτη, 23 Ιουνίου 2016 10:29

J&P Avax wins 400 mln USD contract to buid Baghdad-area power station

Greek-controlled contractor J&P Avax on Wednesday announced that it had won a 400-million-dollar contract for the design, construction and turnkey operation of a 1,500-MW power station outside Baghdad, Iraq.

By T. Igoumenidi

Greek-controlled contractor J&P Avax on Wednesday announced that it had won a 400-million-dollar contract for the design, construction and turnkey operation of a 1,500-MW power station outside Baghdad, Iraq.

The contract was awarded by the Mass Global Holdings group, with J&P Avax overcoming competitors from Turkey, Germany, Spain and China.

The project’s total cost, along with acquired equipment, is predicted to reach one billion US dollars.