Signing the largest electricity deal in the history of Iraq with American companies

The largest electricity deal in the history of Iraq is a step in the context of the Baghdad government's efforts to secure the growing energy demand in the country, in conjunction with the cessation of supplies from Iran.
In this context, Prime Minister Mohamed Shi'a Al -Sudani witnessed the signing ceremony of a memorandum of understanding, within the framework of the principles of cooperation with the company "GE Vernova", which includes projects for electricity production stations with an invading invasive cycle of 24 thousand megawatts.
The Memorandum of Understanding with General Electric "GE" - according to a statement obtained by the specialized energy platform (Washington -based) - is the largest electricity and the largest and latest in the history of Iraq, with the possibility of securing the provision of external financing from international banks.
The General Electric Agreement includes the development and maintenance of the current power stations, as well as the construction of new stations to increase the obstetric capacity.
The American company is scheduled to implement projects in 3 stages that extend over the next 4 years, including improving the efficiency of the current obstetric units, and the introduction of modern technologies to increase production without the need for additional fuel.
Solar energy
Al -Sudani also sponsored the signing ceremony of a second note that included the principles of cooperation between the Ministry of Electricity and the (UGTRenewable) group to create an integrated solar energy project, with a capacity of 3 thousand megawatts, and battery storage systems of up to 500 MW.
The agreement includes updating and distributing electricity transmission lines, and creating up to 1000 km of new infrastructure transmission, in addition to a two -year period of technology transfer, training, operation and maintenance, and funded by the American Export and Import Bank, the British Export Agency, and a JP Morgan Bank in its capacity as the organized bank.
The Baghdad government aims to produce 5 thousand megawatts of solar energy, a first stage, up to 12 thousand megawatts by the end of the current decade (2030) to meet the increasing demand for electricity.
The memoranda of understanding comes within the government's strategy to improve electricity supplies and reduce dependence on electricity and gas imports from abroad, especially in light of the challenges facing Iraq in this regard.
The Iraqi Prime Minister also sponsored the signing ceremony of a third memorandum of understanding between the Iraqi Chambers of Commerce and the American Chamber of Commerce, within the framework of documenting and strengthening bilateral cooperation.
The memo includes 9 articles that are in the areas of expanding communications between institutions, companies, organizations and businessmen in Iraq and the United States, to enhance the existing economic, cooperative, scientific and technological relations, and to pay attention to developing cooperation between small and medium -sized companies in both countries.
https://attaqa.net/2025/04/09/توقيع-أكبر-صفقة-كهرباء-في-تاريخ-العراق/
*** 24 GigaWatt in one deal!!! Frankly, a big thing, it will cost $ 28 billion
+ 3,000 MB of solar energy
Total 27
The deal happened with the attendance of the largest American commercial delegation to Baghdad, it was attended by more than 101 American businessmen, and 60 companies
Deals of billions of dollars occurred
The visit is still continuing to complete more large deals
** Actually Iraq has a production capacity of 27 thousand megawatts
Projects close to completion within 13 months, up to 14 thousand megawatts
New projects 24 megabytes one station
3 thousand solar energy
There is a contract for a thermal station of 15 thousand megawatts
Iraq has a discretionary need for internal consumption up to 50 thousand megabytes..estimates for the year 2030 will be 55 thousand
During three years, the production capacity of Iraq will reach 83,000 megawatts (83 gigawatt)
* Saudi Arabia is also active in electricity projects in Iraq
https://ina.iq/eng/39232-us-agency-...ith-iraq-are-the-largest-and-most-recent.html