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GE

GE provides capital, expertise and infrastructure for the Global Economy, providing investment and financial assets for thousands of businesses internationally.

GE is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

GE in Iraq

GE has over 40 years of presence in Iraq, and supports the country’s infrastructure needs in power generation, oil & gas, water processing, aviation and healthcare, through diversified multi-business solutions and local presence. Today, over 130 GE turbines are in operation in Iraq apart from ongoing agreements to support power generation plants across the country. With three offices in Iraq – in Baghdad, Erbil and the southern oil & gas hub of Basra –  GE continues to deliver its latest technology and expertise to local customers. The company has created more than 250 employment opportunities in the country, with nearly 95 percent of them filled by Iraqis.

GE signed agreements that will add over 2 gigawatts (GW) of power, and secure the delivery of ~1.75 GW of existing power to the national grid, to strengthen the nation’s power infrastructure.

  • GE will set up the Samawa and Dhi Qar Power Plants, adding 1,500 megawatts (MW) to the grid. In the first phase of the project, GE will install four 9E gas turbines in simple cycle at each site by 2018. The second phase will entail the combined cycle conversion of the 9E units. GE is also supplying advanced heat recovery steam generators (HRSG) and steam turbine technology as well as serving as the engineering, procurement and construction (EPC) contractor for the projects.
  • Under Power Up Plan Phase II – a plan with the Iraqi Ministry of Electricity (MoE) for critical electricity generation and maintenance projects throughout the country – GE will add over 580 megawatts (MW) to the national grid through upgrade and rehabilitation works at four power plants.
  • Additionally, under Power Up Plan Phase II, GE will sustain ~1.75 GW of existing power generation through the maintenance of 9E turbines across 6 different power plants in Iraq. The activities will help enhance the reliability and efficiency of Iraq’s installed base.

GE has also been working with regional and international institutions to facilitate financing to help the Government of Iraq execute these and other projects. Since 2016, GE has helped the country secure $2 billion in financing for projects in the energy sector leveraging its global sourcing capabilities coupled with its strong relationships with lenders.

For more information please visit: www.ge.com

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