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Siemens partners with Iraq Ministry of Electricity to modernize four power plants 

In a move to help enhance Iraq’s energy supply, Siemens announced today the signing of multi-million euro service contracts with the country’s Ministry of Electricity. The project will see the maintenance and upgrade services of seven power generating units inside four power plants located in the areas of South Basra, Salah El Deen, Middle Region and Middle Euphrates. 
With approximately 15,700 megawatts (MW) of available power generation capacity, the Iraqi Ministry of Electricity is working towards improving the availability and reliability of power supply, while minimizing power losses. This service project with Siemens will support the nation’s industrial development plans and meet its growing population’s demand for power. 
Commenting on the agreement, Gianluigi Di Giovanni, Senior Executive Vice President of Siemens Power Generation Services in the Middle East said: “Iraq has a clear vision for the future of the country’s power sector. Siemens is honored to further strengthen our long-term collaboration with the Ministry of Energy. The upgrade of the power plants will not only increase the reliability of the plants, but also will improve the efficiency and generation capacity.” 
The landmark agreement calls for Siemens to carry out critical service and maintenance works across the four power plants. The outage and upgrade services will enhance the reliability and efficiency of these units, helping them collectively generate more than 1,000 MW of power, 400 MW more than today, and save up to 10 percent in fuel consumption. This is enough to supply approximately three million Iraqi people with reliable electricity. The agreement includes spare parts supply as well as manpower training to enhance energy efficiency.
With over 80 years of presence in the country. Siemens’ advanced technologies are perfect fit to support Iraq’s development plans. Today, Siemens’ technologies are responsible for generating almost 50% of the electricity distributed across the country.
For further information on Siemens Power Generation Services, please see http://www.energy.siemens.com/hq/en/services/.

For this press release

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s 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. 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 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide.
Further information is available on the Internet at www.siemens.com.

Contact

Ms. Heba Abd El-Hamid

Siemens AG

Twitter: @Siemens_me

+201068541171