General Electric's projects in Iraq to generate 24,000 megawatts
Al-Sudani's remarks took place during the inauguration of an expansion project at the Bismayah Combined Cycle Power Plant, located southeast of Baghdad.
The additional unit installed in the power plant will increase its production by 300 megawatts, raising its total capacity to 5,000 megawatts, according to a statement released by the Prime Minister's Office (PMO).
On April 9, GE Vernova and the Iraqi Ministry of Electricity signed a memorandum of understanding (MoU) covering proposals for combined-cycle gas-fired power plants with a capacity of approximately 24,000 megawatts.
With the potential to get funding from foreign institutions, the MoU with General Electric (GE) is the largest and most comprehensive electrical agreement in Iraq's history.
The deal covers the construction of new power plants to boost electricity production as well as maintaining and improving the operation of current ones.
The largest electricity contract in Iraq's history marks a step forward in the Baghdad government's attempts to fulfill the country's growing energy demand.
Over the next four years, the US company plans to carry out initiatives in three stages, which include enhancing the efficiency of current generating units and implementing cutting-edge technology to boost output without requiring more fuel.
The Iraqi Minister of Electricity, Ziyad Ali Fadel, said earlier that the ministry has reached agreements with GE to develop power facilities with a capacity of 24,000 megawatts, as well as with Siemens, a Germany-based company, for an additional capacity of 14,000 megawatts.
Fadel added that a deal with Shanghai Electric Group will be reached shortly to generate 10,000 megawatts of electrical power to fulfill the country's growing needs.
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