SNC-Lavalin wins Iraq contract

"Canada's SNC-Lavalin Group Inc. (SNC.TO) and Iraqi-owned URUK Engineering Services have each won an $85 million contract to install gas turbines in local power stations, the government spokesman said on Saturday."

"The cabinet has approved a contract for SNC-Lavalin to install turbines in the town of Hilla, 100 km (60 miles) south of Baghdad, with two units that each will have a capacity of 125 megawatts."

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"Intermittent power is a chief complaint of Iraqis as violence remains lower than it has been for years. " [Reuters]