GE In Huge Iraq Power Deal

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GE In Huge Iraq Power Deal

GE announced it has signed a multiyear, US$520 million agreement in Iraq with Mass Energy Group Holding. The contract also includes operation and maintenance services as well as GE’s advanced digital industrial solutions for the 3.0 GW gas-fired Basmaya power plant. GE said the deal represents a continuing effort between Mass Energy Group Holding, the Iraqi Ministry of Electricity (MOE) and GE to bring much-needed power to the people of Iraq.

“The Basmaya Power Plant is a milestone project that marks the first-of-its-kind independent power producer agreement between Mass Energy Group Holding and Iraq’s Ministry of Electricity,” said Ahmad Ismail, chairman of Mass Energy Group Holding. “In addition to meeting the surging demand for power from the Iraqi people, the plant will support the country’s focus on building its infrastructure and strengthening local industries. The power plant will feed the national grid, benefiting all sections of the community. GE has been our long-term partner, and by operating the plant, GE is bringing its advanced technology solutions to help us to deliver the highest levels of efficiency, reliability and productivity.”

The multiyear service agreement builds on GE’s long-term relationship with Mass Energy Group Holding, which includes prior contracts to provide Basmaya with eight of its 9FA gas turbines and four C7 steam turbines. The project is being developed in two phases, with each phase delivering 1500 MW of power.

In addition to extending the entire breadth of operations, maintenance and services support to the power plant, the deal also marks the first time that GE will bring its advanced digital industrial solutions for the power sector to Iraq. Powered by Predix, GE’s cloud-based operating system, GE’s Asset Performance Management (APM) software application is engineered to draw data to monitor, analyze, enhance and predict equipment health. APM’s anomaly detection capability helps predict outages before they happen, improving power plant reliability, optimizing just-in-time maintenance and reducing plant downtime, the company said.

“This agreement highlights GE’s long-term commitment to Iraq and is a testament to the trust our customers have in our ability to execute,” said Joe Anis, president and CEO of GE’s Power Services business in the Middle East and Africa. “The introduction of Predix and the Digital Twin as part of the multiyear agreement for the Basmaya Power Plant, marks a new shift in the industry by maximizing the distinctive value that digital technologies offer to enhance the power plant’s operational efficiency.”

GE said more than 130 GE turbines are in operation in the country apart from ongoing agreements to support power generation plants across Iraq. GE has supplied the Iraqi MOE with 56 more gas turbines for various projects, which generate about 7600 MW to support the expansion of the country’s energy infrastructure and help drive future economic growth. Earlier this year, GE also signed the “Power Up Plan” agreement with the MOE to bring a set of solutions, including upgrades and maintenance projects, to strengthen productivity and efficiency levels across various power plants in Iraq.

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