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Iraq inks $3 bn power pact with GE

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Press Trust of India Dubai
Last Updated : Jan 20 2013 | 10:54 PM IST

Iraq has signed a nearly $3 billion agreement with GE Energy to provide power generation equipment and services to the country.

Under the agreement, GE Energy will provide heavy-duty frame 9E multi-fuel gas turbines capable of supplying 7,000 megawatt (MW) electricity.

The government plans installing the units at key sites around the country to provide support for the electricity grid. GE's 9E gas turbine technology has proven reliability and performance in more than 400 applications worldwide.

"We are honored that the government of Iraq has chosen GE to support its efforts to expand the country's energy infrastructure," said John Krenicki, president and CEO, GE Energy.

"Electricity is the backbone for quality of life and economic growth. We can bring the strength and dependability of GE's advanced power generating technology and services to Iraq's mission to address long-term electricity demand."

As the world's leading supplier of gas turbines, GE Energy is well positioned to help Iraq meet its future needs for reliable and stable power generation.

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More than 6,000 GE gas turbines are installed worldwide, and have accumulated more than 200 million hours of operating experience at unparalleled reliability levels.

According to the release, the current power generation per day averages less than 6,000 Mw, while the demand is typically more than 10,000 Mw. The GE turbines can provide a platform for power stability helping address electricity shortages.

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First Published: Dec 17 2008 | 7:03 PM IST

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