GE has signed Principles of Cooperation (PoC) in Energy with Iraq’s Ministry of Electricity (MoE) to explore opportunities to increase output through establishing new power plants and expanding capacity at existing facilities.
The deal also provides for maintaining and rehabilitating installed power generation and transmission infrastructure for a more secure electricity supply; establishing new substations to relieve grid congestion across various directorates; enhancing the interconnectivity between the Jordanian and Iraqi grids; and driving the decarbonisation of the country’s energy sector.
As part of a services agreement being assessed under the PoC, the MoE and GE also plan to further strengthen local capabilities by setting 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.
Under the Patronage of Mohammed Shia’ Al Sudani, the Prime Minister of the Republic of Iraq, the PoC was signed by Ziad Ali Fadhil, Minister of Electricity, Iraq, and Joseph Anis, President and CEO of GE Gas Power Europe, Middle East, and Africa, in the presence of The US ambassador to Iraq Alina Romanowski.
Fadhil said: “There is an urgent need to address the current electricity shortfall across Iraq and meet the growing power needs of the people to accelerate the nation’s sustainable economic development. Our strong relationship and track record with GE over the decades have been critical to upgrading our infrastructure and supporting our path to energy security.