Siemens Unveils Ambitious Plan to Add 14.4 GW of Thermal Capacity in Iraq

Siemens Unveils Ambitious Plan to Add 14.4 GW of Thermal Capacity in Iraq

Siemens Unveils Ambitious Plan to Add 14.4 GW of Thermal Capacity in Iraq

NEW DELHI--April 19, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Siemens AG (Munich, Germany) has proposed a plan to establish three mega power-generation facilities in Iraq, each boasting a capacity of 4.8 gigawatts (GW), amounting to 14.4 GW of capacity. This initiative is a key component of Iraq's strategic vision to achieve a substantial transformation towards self-sufficiency in the next three to five years by addressing the current deficit in its electricity sector.

Industrial Info is tracking more than US$39.30 billion worth of active fossil fuel-fired thermal-power projects in Iraq.

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