GE has announced that it has secured over $1.4 billion in orders from Iraq’s Ministry of Electricity (MOE) to set up power plants and provide technology upgrades and maintenance services.
Iran has approved the attraction of $11.8 billion in foreign direct investment (FDI) during 2017, according to a report recently published on the Iranian Government’s official website.
Iran has suspended power supply to Iraq since the start of 2017, following the ending of the electricity export contract between the two countries.
Columbia nuclear power station in the state of Washington, USA, was shut down unexpectedly on 18 December.