Latest news with #TaurusArm
Iraq Business
25-06-2025
- Business
- Iraq Business
Enka signs $289m Power Contract in Sulaymaniyah
By John Lee. Turkish firm Enka has signed a contract with Taurus Arm For Power Generatıon, Oil Transportation and Services Ltd. for the conversion of the existing 500 MW simple cycle power plant in Sulaymaniyah, Iraq into a 750 MW combined cycle power plant. The contract value is approximately USD 289 million [378 billion Iraqi dinars], and the plant is expected to become operational on 30th June, 2028. Taurus Arm [Taurus Energy] owns the Bazian [Bazyan] power plant in Sulaymaniyah. (Source: Enka Insaat)
Iraq Business
29-04-2025
- Business
- Iraq Business
GE Vernova to Upgrade Bazyan Power Plant
By John Lee. GE Vernova has announced plans to install its new AGP XPAND upgrade at the 1,250 MW Bazyan [Bazian] Power Plant in Iraqi Kurdistan, operated by Taurus Energy [Taurus Arm], part of the Onex Group. The announcement was made at a ceremony in Sulaymaniyah, attended by H.E. Qubad Talabani, Deputy Prime Minister of the Kurdistan Regional Government (KRG), and H.E. Kamal Mohammad Salih Khalil, Minister of Electricity. The AGP XPAND upgrade, building on GE Vernova's Advanced Gas Path (AGP) technology, is designed to boost the output of 9E.03 gas turbines by up to 7 percent, improve efficiency by approximately 1 percent, and increase exhaust energy by up to 2.6 percent-enhancing both steam and power production capabilities for combined heat and power plants. Bazyan Power Plant, powered by four 9E.03 and two 9F.04 turbines, will be the first site globally to deploy this technology. The upgrade is expected to enhance capacity and supply additional electricity to the Kurdistan Region, Mosul, and Salahaldin, according to a statement from GE Vernova. Additionally, Taurus Energy signed a 17-year long-term service agreement with GE Vernova, including Iraq's first 9E Rotor Life Extension package, strengthening their strategic collaboration. (Sources: GE Vernova; Qubad Talabani)
