Multi-Year Agreement

GE offers multi-year agreements that are tailor-made to address your total power plant needs for parts and services on GE and cross-fleet power generation equipment.

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Multi-Year Agreement Brings Digital Solutions to Iraqi Power Plant

GE’s Power Services signed a multi-year agreement with Iraq’s Mass Energy Group Holding worth $520 million. The agreement will enhance plant performance at every level, and provide digital industrial solutions to manage risk, reduce downtime and expand the capabilities of their 3 gigawatt (GW) gas-fired Basmaya Power Plant located near Baghdad.

Infrastructure must be sustainable to benefit future generations and enable economic growth. GE’s goal of delivering results in an uncertain world also serves as the foundation for action to improve reliability, increase productivity and to meet regional goals.

“The Basmaya Power Plant is a milestone project that marks the first-of-its-kind independent power producer (IPP) agreement between Mass Energy Group Holding and Iraq’s Ministry of Electricity,” said Ahmad Ismail, Chairman of Mass Energy Group Holding. “In addition to meeting the surging demand for power from the Iraqi people, the plant will support the country’s focus on building its infrastructure and strengthening local industries. GE is bringing its advanced technology solutions to help us to deliver the highest levels of efficiency, reliability and productivity.”

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Digital Solutions

To improve plant performance, GE’s Predix-powered, Asset Performance Management (APM) software application will draw data to monitor, analyze, enhance and predict equipment health, delivering key insights vital to Mass Energy Group Holding and Iraq’s Ministry of Electricity’s operational objectives.  Providing equipment-agnostic service solutions is an important part of any long-term asset management strategy.

“This agreement is historic for GE highlights GE’s long-term commitment to Iraq and is a testament to the trust our customers have in our ability to execute,” said Joe Anis, President & CEO of GE’s Power Services business in the Middle East and Africa. “The introduction of Predix and the Digital Twin as part of the multi-year agreement for Basmaya Power Plant marks a new shift in the industry by maximizing the distinctive value digital technologies bring to promote the power plant’s operational efficiency.”

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