News

Silver Crescent received on 04 January 2023 an investment license number 460 to invest 244 Mil USD to develop an industrial city over an area of 5,000,000M2. The industrial development include a 250 MW Power Station that will provide electrical power to 250,000 homes and it should cover 50% of the current power shortage in the city.  

04 January 2023

Silver Crescent awarded an EPC contract to AWI to build 250MW Simple Cycle Power Plant at Samawah Industrial Axis.

02 February 2023

Silver Crescent received the official approval from the Technical Directorate at the Ministry of Electricity to connect its 250MW power plant in Samawah to the National Grid.

26 February 2023

Silver Crescent received the official approval from South Gas Company, Ministry of Oil to supply 75MMCF of dry gas to its power plant in Samawah.

08 May 2023

All Major Equipment for Samawah Power Plant have arrived in Um Qasar Port, Basra, Iraq which includes two frame 9 gas turbines, 2 generators, 2 auxiliary units and 2 transformers to produce 250MW of Electricity.

09 August 2023

SC received the official approval from State Commission on Operation of Irrigation and Drainage Project Department, Ministry of Water Resources to supply 0.56M3/Sec of water from the Euphrates River to its power plant in Samawah.

20 August 2023

Balance of Plant equipment and bulk materials have arrived at Um Qasar Port.

29 October 2023

Balance of Plant equipment and bulk materials have arrived at Site in Samawah.

07 November 2023