Iraq has signed two of the most significant electricity agreements in its history, marking a major step forward in the country’s efforts to strengthen its energy infrastructure.
To expand national electricity production, the Iraqi Ministry of Electricity has formed strategic partnerships with Germany’s Siemens and U.S.-based General Electric (GE).
In a televised interview, Electricity Minister Ziyad Ali Fadel described the deals as the largest ever signed in Iraq in terms of targeted energy output, according to Attaqa News.
The agreement with Siemens includes projects totaling 10,000 megawatts, focusing on the construction of new substations, development of the transmission and distribution network, and improved utilization of gas turbines.
The deal with GE covers 24,000 megawatts and includes both the construction of new facilities and the modernization of existing power plants.
Minister Fadel emphasized that the agreements are part of a broader governmental plan to increase domestic energy production and reduce dependence on imported gas and electricity.
The projects under GE will unfold in three phases over four years, focusing on:
Enhancing the efficiency of existing generation units
Integrating advanced technologies
Increasing power output without additional fuel consumption
Together, these deals are expected to significantly boost Iraq’s electricity generation capacity and pave the way for greater energy independence and long-term sustainability.
Source: IraqiNews.com
