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[size=36]Iraq seeks to add 1.5 GW to its electricity network[/size]
Economy | 01:26 - 15/09/2019
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BAGHDAD -
General Electric Company (GE) has signed a new agreement with Mas Energy Holding Group to cooperate in the completion of the third phase of Bismayah power plant to raise its total production capacity to 4.5 GW.
Under the agreement, GE will provide Mas Holding with four 9F gas turbines and four generators for the third phase of the plant.
The project has already been approved by the Iraqi Council of Ministers, and Mas Holding will supply electricity from the new expansion to the Iraqi Ministry of Electricity under a 20-year power purchase agreement.
In the presence of Minister of Electricity Louay Khatib and John Rice, Chairman of GE Gas, the agreement was signed by Ahmed Ismail, Chairman of Mas Energy Holding; GE in the Middle East, North Africa and South Asia.
Khatib said: “As the first independent power generation project in central Iraq, Bismayah establishes new standards for public-private partnership and contributes to the provision of the Iraqi electricity grid. It plays an important role in helping the Iraqi government cope with the needs of its citizens by providing reliable and affordable energy supplies.
The third phase of Bismayah is the largest new power plant to power the national grid since 2014. The project is expected to generate an additional 1.5 GW of electricity by 2021, with the first 500 MW to be added to the grid next year. Up to 1,200 people are expected to be employed to construct the third phase of the Bismayah plant.
“At Mas Holding, we seek to invest in projects that serve the public interest by actively contributing to the development of the Iraqi energy sector. We consider GE to be a reliable partner with a shared commitment to the same values and their ability to provide the latest We are excited to start working on developing the next phase of Bismayah, and we are committed to working with the government and people of Iraq by continuing to keep pace with the country's future energy needs. ”
The agreement is based on a proven track record in the power generation projects implemented in cooperation between Mas Holding and GE in Iraq. Bismayah is today the largest Iraqi power plant in terms of productivity and among the largest in the Middle East and North Africa. The first phase of the plant will have a production capacity of about 1.5 GW, while the second phase will produce approximately 1 GW, with an additional 500 MW to be added after the start of its combined cycle power generation operations by the end of 2019 / early 2020. Supplying 8 9F gas turbines and 4 steam turbines for the first and second phases of Basmaya plant. In addition, Mas Holding and GE projects in Erbil, Dohuk and Sulaymaniyah contributed 4 GW of electricity to the Kurdistan Region of Iraq.
“On behalf of GE, I would like to thank Mas Holding and the Iraqi Ministry of Electricity for their continued confidence in us. GE has been honored to work with several organizations to support the development of Iraq's electricity sector over 50 "We have kept our promises to the Iraqi people to improve the performance of the energy sector. We have been proactive in reforming the energy infrastructure in disaster-hit areas like Diyala and Mosul, and have supplied equipment and services to develop Iraq's first independent power plant."
With more than 1,300 F-series turbines in excess of 70 million man-hours, GE is the world's largest fleet of F-series turbines. These turbines provide more than 60% efficiency when combined cycle, which helps Iraq increase the energy generated by each fuel unit consumed, and reduce the environmental impact of each megawatt of energy.
GE has a remarkable presence in Iraq, where it employs about 300 people, about 90 percent of whom are Iraqi citizens. Since 2011, the company has contributed to the generation of 14 GW of power across Iraq, including 1.4 GW in affected areas such as Diyala and Mosul. Today, GE technologies generate approximately 55% of the country's total electricity.
General Electric Company (GE) has signed a new agreement with Mas Energy Holding Group to cooperate in the completion of the third phase of Bismayah power plant to raise its total production capacity to 4.5 GW.
Under the agreement, GE will provide Mas Holding with four 9F gas turbines and four generators for the third phase of the plant.
The project has already been approved by the Iraqi Council of Ministers, and Mas Holding will supply electricity from the new expansion to the Iraqi Ministry of Electricity under a 20-year power purchase agreement.
In the presence of Minister of Electricity Louay Khatib and John Rice, Chairman of GE Gas, the agreement was signed by Ahmed Ismail, Chairman of Mas Energy Holding; GE in the Middle East, North Africa and South Asia.
Khatib said: “As the first independent power generation project in central Iraq, Bismayah establishes new standards for public-private partnership and contributes to the provision of the Iraqi electricity grid. It plays an important role in helping the Iraqi government cope with the needs of its citizens by providing reliable and affordable energy supplies.
The third phase of Bismayah is the largest new power plant to power the national grid since 2014. The project is expected to generate an additional 1.5 GW of electricity by 2021, with the first 500 MW to be added to the grid next year. Up to 1,200 people are expected to be employed to construct the third phase of the Bismayah plant.
“At Mas Holding, we seek to invest in projects that serve the public interest by actively contributing to the development of the Iraqi energy sector. We consider GE to be a reliable partner with a shared commitment to the same values and their ability to provide the latest We are excited to start working on developing the next phase of Bismayah, and we are committed to working with the government and people of Iraq by continuing to keep pace with the country's future energy needs. ”
The agreement is based on a proven track record in the power generation projects implemented in cooperation between Mas Holding and GE in Iraq. Bismayah is today the largest Iraqi power plant in terms of productivity and among the largest in the Middle East and North Africa. The first phase of the plant will have a production capacity of about 1.5 GW, while the second phase will produce approximately 1 GW, with an additional 500 MW to be added after the start of its combined cycle power generation operations by the end of 2019 / early 2020. Supplying 8 9F gas turbines and 4 steam turbines for the first and second phases of Basmaya plant. In addition, Mas Holding and GE projects in Erbil, Dohuk and Sulaymaniyah contributed 4 GW of electricity to the Kurdistan Region of Iraq.
“On behalf of GE, I would like to thank Mas Holding and the Iraqi Ministry of Electricity for their continued confidence in us. GE has been honored to work with several organizations to support the development of Iraq's electricity sector over 50 "We have kept our promises to the Iraqi people to improve the performance of the energy sector. We have been proactive in reforming the energy infrastructure in disaster-hit areas like Diyala and Mosul, and have supplied equipment and services to develop Iraq's first independent power plant."
With more than 1,300 F-series turbines in excess of 70 million man-hours, GE is the world's largest fleet of F-series turbines. These turbines provide more than 60% efficiency when combined cycle, which helps Iraq increase the energy generated by each fuel unit consumed, and reduce the environmental impact of each megawatt of energy.
GE has a remarkable presence in Iraq, where it employs about 300 people, about 90 percent of whom are Iraqi citizens. Since 2011, the company has contributed to the generation of 14 GW of power across Iraq, including 1.4 GW in affected areas such as Diyala and Mosul. Today, GE technologies generate approximately 55% of the country's total electricity.
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