Iraq, General Electric Sign MoU
Iraq has signed an agreement with General Electric to develop the country’s power infrastructure.
Iraq has signed an agreement with General Electric to develop the country’s power infrastructure.
The Iraqi Ministry of Electricity has signed a reconstruction agreement with Siemens to boost the country’s economic development including adding 11 gigawatts of power generation within the next four years.
Siemens is reportedly close to agreeing a deal worth up to $10.6 billion to supply energy generation and power transmission technology to Iraq.
Siemens has been contracted to upgrade one of Iraq’s largest gas-fired power plants.
Siemens has completed the construction of the 4800 MW power plant in Beni Suef, and has conducted performance testing.
Siemens is preparing to complete implementing the eighth electricity generating unit in Beni Suef plant and add it to the national grid within days.
Eight companies and coalitions proposed their offers for a governmental tender on operation and maintenance of Siemens power stations in Beni Suef, the New Cairo Capital, and Burullus.
Egypt’s negotiations with Siemens over establishing a 2000 MW wind farm have stopped for the second time after disagreement on Feed-in Tariff.
Siemens Gamesa Renewable Energy announced a 262 MW order for Ras Ghareb wind farm, located in Egypt’s Gulf of Suez.
The The Egyptian Electricity Holding Company (EEHC) plans to launch a limited tender in December for the maintenance and operation of the new power plants being constructed by Siemens.