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

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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.

The Iraqi government has taken significant strides by initiating various projects, such as converting stations into combined cycles, which are pivotal endeavors undertaken by the Ministry of Electricity of Iraq (Baghdad). These initiatives are expected to substantially augment Iraq's electrical energy capacity in the forthcoming years.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to read the three project reports.

Siemens intends to replicate its successful endeavors in Egypt to address Iraq's power shortage predicament. These proposed power plants are expected to make substantial contributions toward meeting Iraq's energy demands, marking a significant milestone in the nation's efforts to achieve energy stability and self-reliance.

Industrial Info is tracking more than US$39.30 billion worth of active fossil fuel-fired thermal-power projects in Iraq. Subscribers can click here for a full list.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).