General Electric and the Iraqi Ministry of Electricity to be working together on a Power Up Plan for critical electricity generation and maintenance projects throughout Iraq.
The plan includes a set of technological solutions and upgrade projects to ensure essential incremental power. This will add 700MW to the national grid over the summer.
The value of contracts signed totals more than $1bn, financing for the initial stages worth $328m is already in place.
Spokesperson from the Ministry of Electricity Mussab Al Mudaris said: “We are committed to strengthening our infrastructure to meet the growing demand for electricity, particularly during peak summer months, including the upcoming summer season.
“GE’s Power Up Plan illustrates GE’s commitment to helping Iraq during current economic challenges. The set of solutions it brings includes upgrades and maintenance projects that will strengthen our Power Plant’s productivity and efficiency levels. Our integrated approach to strengthening the capacity of our national grid aims to support economic growth by delivering assured power supply to meet the needs of infrastructure development as well as domestic consumption.”
GE has commenced the shipment of parts and began the on-site execution of these projects at MoE plants in Iraq.
With over 40 years in Iraq, GE has over 130 GE turbines have been installed across the country.