39 MUSD "MED-5" Contract Signed with MOE of Iraq

Tender opening of "Med-5" project, including 713 km 33 kV 1x400 square millimeters cables was held on May 08, 2013 and Demirer Kablo was the lowest bidder. On September 19, 2013 the contract amounting 39 MUSD signed between Demirer Kablo and Iraqi Ministry of Electricity. Cables will be supplied in 7 months, mostly during the first half of 2014.