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IRAQ'S CORRUPTION
العربية
People & Institutions

KAR Energy Production Company

Investment licence of the National Investment Commission, for the project: Service and collection project, Nineveh governorate.

شركة كار لإنتاج الطاقة

All investment licences

Legal status

Not charged as of the date of writing

Not charged as of the date of writing. Owners and managers were not identified. No court ruling, Integrity Commission statement, audit finding, licence withdrawal, sanctions listing or credible press accusation naming this company was found in the sources checked. A 2019 Integrity Commission call to review all electricity service and collection contractors named no company. The search of public sources is not complete. Status as of 5 October 2026.

The search of public sources on this licensee is not yet complete.

The licence as listed

The list of licensed projects of the National Investment Commission.
Licensing body
National Investment Commission
Licence number
207/2018
Date of grant
14 June 2018
Sector
Energy
Project
Service and collection project, Nineveh governorate
مشروع الخدمة والجباية محافظة نينوى
Licensee
شركة كار لإنتاج الطاقة (Iraqi)
Province
Nineveh
Location
نينوى
Stated cost
$194 billion
The figure is shown as listed. It cannot plausibly be in dollars, so it is left out of the totals.
State of the project
Completed (100% complete)

Who is behind the licensee

company (Iraqi, per the NIC list)

The owners and managers were not identified in the sources that were read.

What official and press reports say

Official findings
No finding about this licensee was found in the sources checked. The NIC list records no obstacle or withdrawal for licence 207/2018. General context only: on 21 May 2019 the Integrity Commission called for a review of the performance of all service and collection companies contracted with the Ministry of Electricity, according to Alsumaria News. That statement named no company. On 12 January 2018 Sami al-Araji said the Commission could withdraw the licence of an investor in breach of its contract (Non14).
What became of the project
Licence 207/2018 of 14/6/2018 (energy): مشروع الخدمة والجباية محافظة نينوى, the service and collection project for Nineveh Province. The list prints the stated cost as 194,024,142,000 in its US dollar column. That figure is implausible as dollars and is probably dinars. At 1,190 dinars to the dollar it would equal about USD 163 million (our arithmetic, tier B). The completion column reads '1', which the register reads as 100 per cent complete. The title matches the Ministry of Electricity's service and collection contracts. On 12 January 2018 the head of the National Investment Commission, Sami al-Araji, said the profit of the collection companies is 12.5 per cent and that they must rehabilitate, develop and maintain the networks, with the rest going to the state (Non14). No public report on how this contract was carried out in Nineveh was found. Not verified in any other source.
Other contracts with the state
The NIC list records one licence under this exact name. It records two other licences, 79/2016 D and 80/2016 D (the Shatt al-Basra and Rumaila combined cycle power plants, 700 MW each, stated cost USD 900 million each), under a company with a similar name, شركة كار الكتريكال باور برودكشين تريدينغ م.م.ح (register index 144). Iraq Business News of 14 September 2026 calls KAR Electrical Power Production Trading FZE a sister company of KAR Group of Erbil. Other reports name a company called only «شركة كار». Alsumaria reported on 8 January 2018 that the Oil Ministry signed two contracts in July 2017 with «شركة كار المتخصصة في مجال الطاقة الكهربائية» to supply Nineveh and Salah al-Din provinces with petroleum products at a rate of 700 MW. Alsumaria reported on 31 January 2018 that the Nineveh power transmission directorate lacked fuel for the Kar and Khormala stations. Iraq Business News reported on 22 August 2017 that Siemens runs the Khormala power plant on behalf of KAR Group.

Sources

  1. النزاهة تطالـب بإعـادة النظـر في أداء شـركات الخـدمة والجبايـة التابعة للكهرباء, Alsumaria News, 21 May 2019 Tier D
    دعت هيأة النزاهة، الثلاثاء، إلى إعادة النظر في أداء شركات الخدمة والجباية المُتعاقدة مع وزارة الكهرباء
  2. سامي الأعرجي: شركات جباية اجور الكهرباء تأخذ 12,5 دولار من كل 100 دولار, Non14, republishing an Al-Ghad Press interview with Dr Sami al-Araji, head of the National Investment Commission, 12 January 2018 Tier C
    ارباحها 12,5% يعني تأخذ من كل 100 دولار 12,5 دولار وهي مطلوب منها تأهيل وتطوير وصيانة والبقية للدولة
  3. سامي الأعرجي: شركات جباية اجور الكهرباء تأخذ 12,5 دولار من كل 100 دولار, Non14, republishing an Al-Ghad Press interview with Dr Sami al-Araji, head of the National Investment Commission, 12 January 2018 Tier C
    الهيئة ايضا ان وجدت المستثمر مخل بالعقد تستطيع بالتنسيق مع الوزارة سحب الرخصة منه
  4. KAR Signs 25-Year Deal for Ajeel Field, Iraq Business News, 14 September 2026 Tier D
    KAR Electrical Power Production Trading FZE (KEPPT), a sister company of Erbil-based KAR Group, has signed a 25-year contract with the North Oil Company (NOC) for the development and operation of the Ajeel oil field.
  5. Siemens wins Service Agreement to operate Power Plant, Iraq Business News, 22 August 2017 Tier D
    Currently, the company has more than 40 personnel on-site managing the power plant on behalf of KAR Group.
  6. البرلمان يصوت على قرار يلزم وزارة النفط بايقاف عمل شركة كار بحقول كركوك, Alsumaria News, 8 January 2018 Tier D
    وكانت وزارة النفط قد وقعت في تموز 2017 عقدين مع شركة كار المتخصصة في مجال الطاقة الكهربائية لتجهيز محافظتي نينوى وصلاح الدين بالمشتقات النفطية بمعدل 700 ميغا واط
  7. مديرية نقل الطاقة بنينوى تعلن فقدان نصف الطاقة المجهزة للمحافظة, Alsumaria News, 31 January 2018 Tier C
    عدم وجود كميات كافية من الوقود المجهز من قبل وزارة النفط لمحطات كار وخورمال