Baghdad (IraqiNews.com) – Iraqi Minister of Electricity Ziyad Ali Fadel confirmed on Saturday that agreements have been reached with multinational corporations to develop power plants with a capacity of 48,000 megawatts.
Fadel’s remarks took place during the 11th Iraq Energy Exhibition and Conference at the Baghdad International Fairgrounds, according to a statement released by the Electricity Ministry.
Over the past three years, the government has prioritized the energy sector, and the Ministry of Electricity has been working to carry out a broad plan that includes rehabilitating existing power plants and establishing new production projects with a capacity of approximately 15,000 megawatts, according to Fadel.
Fadel further explained that the ministry has signed strategic agreements with international companies to build new power plants with a capacity of 48,000.
The ministry has successfully completed previously delayed combined-cycle power plant projects. These projects are expected to enhance production efficiency and allow for the generation of more electricity from the same amount of fuel, all without increasing consumption, as explained by Fadel.
The Electricity Ministry is also building transmission networks and establishing electrical connections with neighboring countries, as well as the solar power facilities that are now under development in different Iraqi provinces.
