Internet Explorer, Chrome Browser, Firefox Browser, Safari Browser
Press Release14 September 2019Siemens AGBaghdad, Iraq
Siemens and Orascom Construction to rebuild 1.6 GW power plant in Iraq
Work at Baiji, which is about 250 km north
of Baghdad, will begin once the contracts are approved by Iraq’s Council of
Ministers and a financial agreement is reached with the Ministry of Finance.
The projects are expected to be completed within 28 months after the financial
closing.
The power plants in Baiji were severely
damaged by Islamic State militants. Recovering the lost capacity from the
plants will help Iraq power its biggest oil refinery located in the city, a
concrete plant, and will provide electricity to thousands of homes in
Salahuddin province and other areas.
Iraq’s Electricity Minister Luay al-Khateeb,
Siemens AG’s Joe Kaeser and Osama Bishai, the CEO of Orascom Construction,
witnessed the signing of the agreement on the sidelines of the Iraq Energy
Forum 2019 in Baghdad.
Siemens will supply four new SGT5-2000E gas
turbines and will inspect and revamp six exiting ones. The company will also
provide two 400kV and one 132kV substations, along with generators,
auxiliaries, automation and control systems, and related electrical
equipment.
“Iraq’s economic transformation is picking
up pace, and this project demonstrates Siemens’ commitment to help Iraq’s
Ministry of Electricity provide efficient and reliable power to all its
people,” said Dietmar Siersdorfer, CEO Siemens Middle East and UAE. “We are
proud to begin this project to help Iraqis in liberated areas recover and
prosper.”
Discussing the deal, Karim Amin, CEO of
Power Generation at Siemens AG, said: “The reconstruction of Baiji 1 and 2
power plants mark the second phase of our roadmap in Iraq and will be the
biggest so far in terms of power generating capacity when both plants are
completed. The rebuilding of Baiji will secure 1.6 gigawatts and will create
hundreds of jobs, which is a further demonstration of Siemens’ commitment to
support knowledge transfer to the Iraqi people.”
Siemens’ footprint has been expanding in
Iraq and the company is now active at over 20 locations, from Basra to Erbil.
Siemens also has some recent experience in Baiji. Earlier this month, Siemens
delivered power equipment to ensure constant electricity for a clinic being
built in the city and will also donate Siemens medical equipment for the
facility. Al-Tawheed Center is expected to open this year and will be able to
treat 10,000 patients a year.
Siemens and Iraq’s Ministry of Electricity
signed an implementation agreement to kick off the execution of the roadmap for
rebuilding Iraq's power sector in April 2019. Within the implementation
agreement, the two agreed on the award of contracts valued at approximately €700
million for Phase 1 of the Roadmap.
For this press release
Siemens Gas and Power (GP) is a global pacesetter in energy, helping customers
to meet the evolving demands of today’s industries and societies. GP comprises
broad competencies across the entire energy value chain and offers a uniquely
comprehensive portfolio for utilities, independent power producers,
transmission system operators and the oil and gas industry. Products,
solutions and services address the extraction, processing and the transport of
oil and gas as well as power generation in central and distributed thermal power
plants and power transmission in grids. With global headquarters in Houston in
the U.S. and more than 64,000 employees in over 80 countries, Siemens Gas and
Power has a presence across the globe and is a leading innovator for the energy
systems of today and tomorrow, as it has been for more than 150 years.
Siemens AG
(Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence,
innovation, quality, reliability and internationality for more than 170 years. The company is active
around the globe, focusing on the areas of electrification, automation and digitalization. One of the
largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of
efficient power generation and power transmission solutions and a pioneer in infrastructure solutions
as well as automation, drive and software solutions for industry. With its publicly listed subsidiary
Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as
computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as
well as clinical IT. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of
€83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around
379,000 employees worldwide. Further information is available on the Internet at
www.siemens.com
.
Contact
Mr. Alfons Benzinger
Siemens AG
Freyeslebenstr. 1
91058 Erlangen
Germany
91058 Erlangen
Germany
+49 (9131) 17-34649
Mr. Mohammed Sergie
Siemens AG
Sheikh Zayed Road
Dubai
Dubai
+971 56 411 2019