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GE signs $520mn contract for Iraqi power plant

GE has signed a $520mn multiyear agreement in Iraq with Mass Energy Group Holding that includes operation and maintenance services as well as GE’s advanced digital industrial solutions for the 3-gigawatt (GW) gas-fired Basmaya Power Plant, 40 kilometers east of Baghdad.

The multiyear service agreement builds on GE’s long-term relationship with Mass Energy Group Holding, which includes prior contracts to provide Basmaya with eight units of its advanced 9FA gas turbines and four units of its C7 steam turbines.

The project is being developed in two phases, with each phase delivering 1,500 megawatts (MW) of power, which together is enough power to meet the needs of over 600,000 households.

In addition to extending the entire breadth of operations, maintenance and services support to the power plant, the deal also marks the first time that GE will bring its advanced digital industrial solutions for the power sector to Iraq.

Powered by Predix, GE’s advanced cloud-based operating system built exclusively for industry, GE’s Asset Performance Management (APM) software application will draw data to monitor, analyze, enhance and predict equipment health.

APM’s anomaly detection capability helps predict outages before they happen, improving power plant reliability, optimising just-in-time maintenance and reducing plant downtime.

The contract represents a continuing effort between Mass Energy Group Holding, the Iraqi Ministry of Electricity (MOE) and GE to bring much-needed power to the people of Iraq.