Iraq signs €700m power deals with Siemens

The Iraqi government has signed deals worth €700m with Siemens to deliver the first phase of a plan to increase power generation in the country.

Siemens AG has signed three contracts to provide engineering, procurement and construction for a 500 megawatt gas–fired power plant in Al Zubaidiya, within the Wasit Governorate in eastern Iraq; the upgrade of 40 gas turbines with upstream cooling systems; the installation of 13 of 132 kilovolt substations, and 34 electrical transformers across Iraq provinces.

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