Zurich, Switzerland, March 8, 2012 – ABB, the leading power and automation technology group, has won a $60 million contract from Shell Gas Iraq B.V. to build a new power plant in southern Iraq.

The power plant will be operated by the Basrah Gas Company, a joint venture company to be set up as part of the Iraq, South Gas Project, following signature of the main project agreements in November 2011. The project includes the rehabilitation of the existing facilities and addition of new facilities. ABB’s optimized technical solution and ability to execute the project on a tight schedule were both important factors that contributed to its success in winning this order.

“This project will ensure a stable and reliable power supply to support existing and future infrastructure,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “ABB’s capability to fully execute all aspects of this complex project will help provide the Basrah Gas Company with the electricity it needs to successfully power its complete production process.”