General Electric signs a cooperation agreement to support the Iraqi government's vision to develop t

2018/10/21 11:43

(Encyclopedia of this day , news | [You must be registered and logged in to see this link.] ) - Conscious / "General Electric" signs a cooperation agreement to support thevision of the Iraqi government in the development of the energy sector and the recovery of the national economy / report







21/10/2018 11:41:00 AM | Number of readings: 1





Conscious / Baghdad / L.H.

GE signed an agreement on cooperation with the Iraqi Ministry of Electricity to develop the energy sector in the country. 

The agreement will generate up to 14 additional gigawatts, provide up to 65,000 direct and indirect jobs, achieve greater savings, avoid losses of up to $ 3 billion annually, establish a local technology center, and support water and healthcare services.

 The agreement was signed by HE Qassem Al-Fahdawi, the Iraqi Minister of Electricity; and Joseph Anis, President and Chief Executive Officer of the Energy Services Unit in Africa, South Asia and the Middle East. 

The agreement marks an extension of GE's long-standing presence in Iraq and the company's commitment to support development efforts that have supported the Iraqi people for more than 50 years.

The plan includes the following main points:

Add up to 14 GW to support the energy security route GE will prioritize the application of fast and reliable technologies as well as modernize existing power plant operations to provide an additional 1.5 GW by 2019 and be sufficient to provide 1.5 million Iraqi homes of energy In conjunction with the provision of maintenance and rehabilitation services for the additional 7 GW currently in operation. 

In addition, the agreement includes updates and services for current power plants; conversion of simple cycle power plants to composite cycle, enhancing productivity without requiring additional fuel consumption or causing additional gas emissions; and establishing new plants using state-of-the-art power generation technologies High efficiency and reliability.

GE will also develop substations and airwires across the country, as well as a centralized power management system including generation, transmission and distribution. 

All these initiatives will add up to 14 gigawatts of electric power while strengthening the country's electric connection.

Savings and recovery of annual losses of up to $ 3 billion:

GE expects to help the Iraqi government achieve savings and recover losses of up to $ 3 billion a year through various activities such as repairs, maintenance, modernization and other services that help reduce operating costs for existing power plants. 

To improve the transmission and distribution of electricity, GE will conduct studies to reduce pressure on the power grid, as well as provide advisory services to improve electricity revenue collection and loss reduction. 

In July, GE's Baker Hughes signed a contract with the Iraqi Ministry of Oil to provide gas recovery solutions in Nasiriyah and Gharraf fields.

GE will support the Iraqi government in securing funding for these projects through international export credit agencies and financial institutions.

As part of the cooperation agreement's proposals, and within GE's commitment to a common future and the progress of the Iraqi people, the company will also:

 1. Building local capacity: GE plans to establish a technology center with a maintenance center, a monitoring and diagnostics center and a training center.

2. Contribute to the provision of important services to the community: GE plans to provide three mobile truck-mounted water treatment units to help meet the daily needs of the people of Basra from drinking water. 

The company also plans to establish a neonatal care unit and train nursing staff to meet the need for specialized healthcare services.

 

On this occasion , Musab said the teacher , spokesman for the Iraqi Ministry of Electricity , " the bulk of our focus is on reconstruction and sustainable development projects that are in the interest of the Iraqi people 's efforts, no doubt that the development of the electricity sector is one of the essential ingredients towards achieving these goals. 

Has provided GE A plan of action that fits our needs, including the latest technologies in the energy sector, and financing solutions and social services that meet our main needs in the near and long term. "

 "Our presence in Iraq is based on a 50-year history of trust, partnership and success, and 

we are honored to support the Iraqi government in its efforts to rebuild Iraq, " said Russell Stokes, President and CEO of GE Energy. " We are proud of our legacy of achievements. energy saving areas needed in the country. 

fully aware of the importance of electricity saving immediately, combining the comprehensive plan of cutting - edge technologies and solutions to finance domestic investment, training and social services, is expected to provide up to 65 thousand jobs and financial savings, which is due With realized benefits for families, businesses and various industrial sectors in Iraq. "

GE has about 300 employees in Iraq and three offices in Baghdad, Basra and Erbil, and in collaboration with its partner CFMI, provides power to more than 90 percent of the Iraqi Airways fleet, and its technologies generate about 55 percent of the country's electricity, Using about 4,000 products developed by GE Healthcare in hospitals and clinics across Iraq.

T / L. 

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[*]Local Capacity Building: GE plans to establish a technology center with a maintenance center, a monitoring and diagnostics center and a training center.

[*]Contribute to the provision of services to the community: GE plans to provide three mobile truck-mounted water treatment units to help meet the daily needs of the people of Basra from drinking water. The company also plans to establish a neonatal care unit and train nursing staff to meet the need for specialized healthcare services.