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Iraq And General Electric Sign Deal For 3 Gw Gas-Fired Power Plant

powerplant
Oct 21, 2025
Article Source LogoENER Data
ENER Data

Iraq’s Ministry of Electricity has signed an agreement to construct the 3 GW Al-Faw gas-fired CCGT power plant in Basra (Iraqi News Agency, 17/10/2025). The contract was concluded between the

Southern Power Production General Company

and

Advanced Technology Systems Company

, both Iraqi entities, with the project to be directly implemented by

U.S.-based General Electric (GE)

. The investment is set to span 25 years, according to the Minister of Electricity.

The project will operate under a

“Take and Pay” model

, whereby the government pays only for the electricity it receives. The combined-cycle power plant will feature

four gas turbines and two steam units

. The Minister emphasized the

strategic location

of Al-Faw—close to the Grand Faw Port and connected to the new

Wafra–Faw interconnection line with Kuwait

, positioning

Basra as a future regional energy hub

.

This announcement follows Iraq’s broader efforts to expand its power generation capacity, including a

recent deal with GE Vernova

to build

gas-fired CCGT plants

totalling

24 GW,

and a separate agreement with Siemens for an

additional 14 GW

(KEI, 09/10/2025).

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