Iraq: Siemens agreement will generate 14,000 megawatts of power using local fuel.

Iraq: Siemens agreement will generate 14,000 megawatts of power using local fuel.

2025-05-02 03:13

Iraq - Siemens agreement will generate 14000 megawatts of power using local fuelShafaq News/ The Ministry of Electricity confirmed on Friday that the agreement signed with Siemens to generate 14,000 megawatts of energy will be implemented using local fuel, ensuring the sustainable operation of the power plants with high efficiency.

A statement by the Ministry of Electricity received by Shafaq News Agency stated that “Minister Ziad Ali Fadel held a fruitful meeting with the CEO of the German company Siemens, Christian Bruch, after signing the third phase of the joint cooperation agreement that will add (14) thousand megawatts to the national grid through modern generating stations that will be spread throughout the country.”

He added, “The meeting focused on mechanisms to accelerate the implementation of the new agreement’s provisions, and the formation of joint working groups to follow up on strategic projects and overcome obstacles to their completion according to the specified timetables.”

According to the statement, the minister said: “We were able to convert the second phase of the agreement from memoranda of understanding to contracts at a rate of (100%),” noting that “the new stations that Siemens will build will rely on local fuel, which ensures the sustainability of the stations’ operation with high efficiency.”

He explained that “the strategic partnership with Siemens will have a positive impact on the stability of the electricity system for the coming years and will create a qualitative shift in the hours of supply for citizens,” stressing “the importance of cooperating with experienced and competent international companies such as the German company Siemens.”

In turn, the CEO of Siemens commended the Ministry of Electricity’s new approach, particularly in the area of ​​periodic maintenance of stations, saying, “We appreciate the ministry’s advanced vision in entrusting maintenance work to original equipment manufacturers instead of relying on intermediaries, as was the case in previous years,” according to the statement.

He stressed that “the maintenance programs implemented by Siemens over the past two years and the current year have achieved exceptional reliability rates without any technical incidents being recorded.”

shafaq.com