Iraq, GE sign $400M. deal for 14 electric substations

- GE will supply critical equipment and support the Ministry of Electricity in securing financing for the project

The Iraqi Ministry of Electricity signed an agreement worth over $400 million with GE Power to develop 14 electric substations, GE announced on Wednesday.

Under the contract, GE will supply equipment such as transformers, circuit breakers and other outdoor equipment to upgrade existing substations and bring much-needed power to areas facing significant electricity shortages across the country.

GE will develop the substations to connect power plants spread across the governorates of Ninawa, Salah Al Din, Al Anbar, Karbala, Baghdad, Qadisiyyah and Basra to the national grid.

The infrastructure in several of the locations in conflict-affected areas has been damaged, and these areas are in immediate need of reliable power infrastructure, GE noted.

GE will also support the Ministry of Electricity in securing financing for the project.

By Ebru Sengul

Anadolu Agency

energy@aa.com.tr