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GE has signed contracts worth approximately US$200m to supply power generation equipment and services for two independent power projects in the Kurdistan region of Northern Iraq.
Both of the projects are being developed by Mass Global Investment Company and it is expected the total electricity capacity of Mass Global developed plants in the region will reach 1,750MW when they are completed.
“These two projects are the latest in a series of independent power projects we are developing to help cover the shortage of power within the Kurdistan region. They also support the Kurdistan regional government’s initiative for the private sector to help meet the energy requirements in this region,” said Ahmad Ismail, Chairman of Mass Global.
“Today’s announcement for the two private power projects in the Kurdistan region reflects GE’s continuing commitment to support energy infrastructure growth in Iraq and builds on our recent power generation agreements with the government of Iraq. This latest agreement also builds on our growing relationship with Mass Global to support their efforts to add much-needed electricity generation capacity in the Northern region of the country,” said Joseph Anis, GE Energy’s President for the Middle East.
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