Siemens signs mega deal to boost power supply in Iraq
Upgraded plants will increase power output by over 400 MW and provide safe, reliable electricity to three million people in Iraq
In a move to help enhance Iraq’s energy supply, Siemens announced today the signing of multi-million euro service contracts with the country’s Ministry of Electricity. The project will see the maintenance and upgrade services of seven power generating units inside four power plants located in the areas of South Basra, Salah El Deen, Middle Region and Middle Euphrates.
With approximately 15,700 megawatts (MW) of available power generation capacity, the Iraqi Ministry of Electricity is working towards improving the availability and reliability of power supply, while minimizing power losses. This service project with Siemens will support the nation’s industrial development plans and meet its growing population’s demand for power.
Commenting on the agreement, Gianluigi Di Giovanni, Senior Executive Vice President of Siemens Power Generation Services in the Middle East said: “Iraq has a clear vision for the future of the country’s power sector. Siemens is honored to further strengthen our long-term collaboration with the Ministry of Energy. The upgrade of the power plants will not only increase the reliability of the plants, but also will improve the efficiency and generation capacity.”
The landmark agreement calls for Siemens to carry out critical service and maintenance works across the four power plants. The outage and upgrade services will enhance the reliability and efficiency of these units, helping them collectively generate more than 1,000 MW of power, 400 MW more than today, and save up to 10 percent in fuel consumption. This is enough to supply approximately three million Iraqi people with reliable electricity. The agreement includes spare parts supply as well as manpower training to enhance energy efficiency.
With over 40 years of presence in the country. Siemens’ advanced technologies are perfect fit to support Iraq’s development plans. Today, Siemens’ technologies are responsible for generating almost 40% of the electricity distributed across the country.