GE Announces Completion of 30 Substations to Strengthen Iraq's Electricity Transmission Network
Baghdad - INA
General Electric in Iraq announced on Wednesday the completion of 30 substations to strengthen the country's electricity transmission networks, revealing strategic plans to convert production units from simple cycle to combined cycle.
The company's director, Rashid Al-Janabi, told the Iraqi News Agency (INA): "The company has achieved significant accomplishments in the energy sector over the past decade, adding 19 gigawatts to the Iraqi electricity grid, in addition to implementing more than 30 substations to support transmission networks."
He explained that "there is close cooperation with the Iraqi government, especially the Ministry of Electricity, which has contributed to significant progress in implementing strategic projects that support electricity stability and meet growing needs."
He pointed out that "the company is working, under the long-term maintenance agreement concluded with the ministry at the end of last year, to maintain the electricity generation system with a capacity of 7 gigawatts on a regular and continuous basis to ensure its readiness for the coming summer."
He added, "The company seeks to modernize its power generation units using the latest GE Vernova technologies, which will increase the efficiency of the production system. Strategic plans also include converting production units from simple cycle to combined cycle, which will improve production efficiency and reduce carbon emissions by 30 percent."
Regarding the transmission sector, Al-Janabi stated, "Six 132 kV transmission stations were completed last year and delivered in a record time, six months short of the scheduled timeframe. This reflects the significant progress in implementing electricity transmission projects in Iraq."
He emphasized that "efforts to develop the country's energy sector continue through modernizing networks and strengthening infrastructure to ensure the provision of stable and sustainable electricity to citizens."
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Iraqi News
9 hours ago
- Iraqi News
Iraq to launch 350M IQD guarantor-free loans for young entrepreneurs
Baghdad ( – Iraq's Ministry of Labour and Social Affairs is in the final stages of launching a major new loan program to provide up to 350 million Iraqi dinars to young entrepreneurs without the need for a guarantor, spokesperson Hassan Khawam announced recently. This groundbreaking initiative is a collaboration between the Ministry, the International Labour Organization (ILO), the German Development Bank (KfW), and the Iraqi Company for Guarantees. It aims to empower aspiring business owners, particularly those who cannot secure the traditional requirement of a government employee guarantor. Under the new program, the applicant's project itself will serve as the guarantee. To qualify, candidates must participate in an intensive, specialized training course lasting over a month. During this period, local, regional, and international experts will help them develop every aspect of their business plan, from technical specifics and site selection to customer relations. The loan is granted only after successfully completing this comprehensive development phase. Khawam stated this program significantly expands on the Ministry's existing efforts, which include a smaller loan program (offering 20-50 million IQD) and the Mahan digital platform launched in 2023 to connect job seekers with employers. This new guarantor-free loan initiative marks a strategic step towards fostering self-employment and stimulating Iraq's private sector.
Iraqi News
9 hours ago
- Iraqi News
TotalEnergies supports Iraq's energy independence
Baghdad ( – France-based TotalEnergies' Gas Growth Integrated Project (GGIP) is intended to help Iraq develop its natural resources and achieve energy independence. TotalEnergies' GGIP project demonstrates the company's multi-energy approach and sustainable development concept and combines natural gas production, solar energy, and enhanced oil production, according to a statement released by the French firm. The project illustrates TotalEnergies' commitment to assisting oil- and gas-producing countries in moving forward with their energy transformation strategies. With Iraqi government assistance, TotalEnergies will invest in facilities to recover flared gas from three oil fields in the first phase and four other fields in the second phase to supply power plants, redevelop oil production at the Artawi field, build a seawater treatment plant to supply the wells, and build and operate a solar power plant to provide carbon-free energy. These projects have a cumulative investment of almost $10 billion. The GGIP project includes four sub-projects led by an alliance of TotalEnergies, Basra Oil Company (BOC), and QatarEnergy. The four projects are the Associated Gas Upstream Development (AGUP), which seeks to increase Artawi field output; the Artawi Gas Midstream Project (GMP), which is expected to prevent flaring and collect gas from several oil fields; the Common Seawater Supply Project (CSSP), which involves building a seawater treatment plant; and a one-gigawatt solar power plant spanning some 2,200 hectares near the gas treatment plant.
Iraqi News
9 hours ago
- Iraqi News
Al-Mathar Group acquires 4 Corners Creative Agency in major Iraqi ad sector move
Baghdad ( – In a significant move highlighting the dynamism of Iraq's creative sector, Al-Mathar Group has successfully completed a full acquisition of the leading 4 Corners Creative Agency. The deal, announced last week in June 2025, is a strategic step aimed at bolstering the agency's growth and expanding its footprint in local and regional markets. Founded in 2016 by Mr. Ameer Alaa, 4 Corners became a recognized success story, delivering integrated marketing campaigns for prominent local and international brands. Under the new ownership, Al-Mathar Group aims to transform the agency into a regional hub for advertising excellence. The agreement will see a new executive team lead the next phase of growth, focusing on innovation and expansion, while the original management transitions to advisory roles. This acquisition comes as Iraq's marketing and advertising sector experiences rapid growth. The landscape is quickly evolving from traditional methods to sophisticated digital-first strategies, driven by a young, tech-savvy population. This has attracted both international brands seeking local expertise and fostered a new wave of homegrown creative startups. Such acquisitions are a strong indicator of the sector's maturation, demonstrating significant investor confidence in the value and potential of Iraqi creative talent. Al-Mathar Group's investment in 4 Corners is more than a business transaction; it's a powerful endorsement of the potential within Iraq's burgeoning creative economy, signaling a new phase of strategic growth and consolidation in the market.
