Review: One Drop of Blood: The Story of Karbala by Ismat Chughtai Pythagoras and fasting as a disciplinary method ENDLESS TORMENT: The 1991 Uprising in Iraq and Its Aftermath -Part IV- Iraq's heritage battered by desert sun, rain and state apathy The Hidden Truth About Karbala Why fasting is now back in fashion? Karbala residents fly kites to pass the time before iftar The Effects of Diurnal Intermittent Fasting On the Wake-Promoting Neurotransmitter Orexin-A Jawn Martyr of Karbala Lamented: Marsiyah Dar Hal Janab Jawn Ibn Hawiyy Mawla Abi Dharr Al-Ghifari Pakistan: Youm-e-Ali observed peacefully How the syncretic culture of North Karnataka remains strong despite BJP’s rise The Fasting Cure Is No Fad, WSJ Karbala oil refinery to be start in Sept 2022 ENDLESS TORMENT: The 1991 Uprising in Iraq and Its Aftermath -Part III- Ramadan in Karbala and other Iraqi governorates Iraq plastic waste: Karbala pilgrims urged to go green Spontaneous 24-h ghrelin secretion pattern in fasting subjects: Maintenance of a meal-related pattern 5 hacks to stay fit while fasting during the month of Ramadan Iraq: Coronavirus Disease 2021 (COVID-19) - Weekly Situation Report (Week 15) (12 April to 18 April 2021) ENDLESS TORMENT: The 1991 Uprising in Iraq and Its Aftermath -Part II-

GE secures finance to move forward on 2.7GW Power Up Plan 4 project in Iraq

11:21 AM | 2021-04-13 48
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The company says it has been supporting the development of Iraq’s energy infrastructure for over 50 years

 

GE has secured a financial close with the Iraqi Ministry of Finance (MOF) and its partners for the Power Up Plan 4 (PUP4) project. GE will now provide capital and spare parts, repairs and services to the Qudus, Khairat, Baghdad South, Hilla, Mussayab, Haidariya and Karbala power plants, in an effort to maintain more reliable generation of up to 2.7GW of electricity.

 

As part of these efforts, 20 gas turbines that are currently not operational at these sites will be returned to service, the statement explained. GE stated that it played a key role in bringing the Iraqi ministries of finance, electricity and planning together with various financial institutions, including export credit agencies, commercial banks and others, to secure financing for the project.

 

“Working closely with the Iraqi Ministries of Finance, Electricity and Planning, GE has collaborated with various private and public financial institutions from around the world to help secure over $2.4bn in financing since 2015 for energy sector projects across the country. We remain committed to continuing to facilitate investments from various institutions, provide industry-leading technologies and work with our team of local professionals on-the-ground, to deliver results that strengthen Iraq’s power sector further and drive growth and prosperity for everyone, no matter how challenging the circumstances,” said Joseph Anis, president & CEO of GE Gas Power Europe, Middle East and Africa.

 

The firm said that it is bringing the strength of its global network to support the execution of PUP4. Several key repair works for equipment such as gas turbines will be undertaken at GE’s service centre in Jebel Ali Free Zone, the statement explained.

 

 

 

 

 

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