Iran Abhar Cable Wins $40m Cable Contract from Iraq Power and Energy

21 Jan 2015| Posted by Morris | In Power and Energy

An Iranian company has struck a $40-million deal with Iraq for the supply of high voltage cables.

Alireza Kolahi, the Managing Director of Abhar Cable & Wire Co., said the contract was won despite competition from Malaysia, South Korea, Turkey, Italy, Germany, Switzerland, UAE and Saudi Arabia.

He said the Iraqi electricity industry has $400 million potential by 2030.

Iran Abhar Cable Wins $40m Cable Contract from Iraq Power and Energy

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Iran Abhar Cable Wins $40m Cable Contract from Iraq Power and Energy

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