Published on 15 Sep 2022 on Zacks via Yahoo Finance
General Electric's (GE) Arm to Provide Power Services in Iraq
General Electric Company’s GE arm GE Gas Power has secured a 16-year deal from Taurus Arm to supply parts, and provide repair and maintenance services for two 9F.04 gas turbines of Taurus Arm’s 500-megawatt (MW) Bazyan Power Plant located in Iraq.The Bazyan facility is based in the province of Sulaymaniyah. Under a fast-track project, General Electric provided the turbines to Taurus Arm in 2021. The turbines were delivered to the site within months of notice to proceed.The Bazyan Power Plant supplies essential electricity to the Northern areas of Iraq, including Mosul, Kirkuk and Salahaldin, the Kurdistan region, and other parts of Iraq. This collaboration between the two companies will likely ensure efficiency of the plant.Per the terms of the contract, GE Digital will provide its Asset Performance Management (APM) software, which will cut down on costs and operational risks along with increasing the reliability and availability of the turbine units.Recently, GE Gas Power has clinched a similar 10-year deal from Sohar Aluminium to deliver parts, and provide repairs and maintenance services for four GT13E2 gas turbines and four generators located at the latter’s site in the Sultanate of Oman.
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