General Electric (GE) and Iraq’s Ministry of Electricity have signed a Principles of Cooperation (PoC) agreement to strengthen the country’s power infrastructure.
In a press release, GE outlined its plans, which include establishing new power plants, expanding capacity at existing facilities, and maintaining and rehabilitating installed power generation and transmission infrastructure for a more secure electricity supply.
GE will also establish new substations to relieve grid congestion across various directorates and enhance the interconnectivity between the Jordanian and Iraqi grids. Additionally, GE will drive the decarbonisation of the country’s energy sector by implementing several transformative strategies, including converting existing simple cycle power plants to combined cycle and utilizing gas currently flared to produce electricity.
As part of the agreement, the Ministry and GE will set up a Center of Excellence that includes a Monitoring and Diagnostics facility for the MOE’s fleet, as well as a Training Center for their staff.
The plan will provide stable and sustainable power to more areas, create thousands of jobs for the Iraqi people, and stimulate the local economy by providing opportunities for local companies and suppliers.
