EthosEnergy has signed a major Maisan power plant contract in southern Iraq. This new deal gives the company full control over operations and maintenance for three years. The facility is located near Basra and produces 850 megawatts of power.
In addition, The plant is part of the Maysan Power Company, owned by the Raban Al Safina Group. Mr. Saadi Saihood chairs the group. Together, they aim to support Iraq’s growing energy needs through advanced infrastructure.
Importantly, this Maisan power plant contract is EthosEnergy’s first full Care, Custody, and Control agreement in the region. It marks a major milestone for the company’s Middle East operations. EthosEnergy will take full charge of day-to-day functions and all equipment maintenance.
Moreover, the plant uses high-performance Siemens Energy systems. These include two gas turbines, one steam turbine, and one electric generator. EthosEnergy will manage every component to ensure strong and stable output.
Additionally, The company will also conduct inspections and preventive maintenance across the entire site. These tasks will reduce breakdowns and improve plant reliability. In turn, this contract helps Iraq reduce electricity shortages.
Furthermore, the deal supports Iraq’s larger energy goals. Iraq wants to expand local capacity while cutting its reliance on imports. By managing the Maisan power plant contract, EthosEnergy supports this long-term vision.
In addition, EthosEnergy plans to train Iraqi workers to operate and maintain the plant. This move will create jobs and develop local technical skills. Over time, this helps Iraq build its own energy workforce.
Additionally, the project may bring more international investment into Iraq. It proves that foreign firms can work successfully in Iraq’s energy sector. As trust builds, more private companies may enter similar agreements.
In conclusion, EthosEnergy sees this project as a key step forward. It strengthens the company’s reputation in high-demand markets. The team expects this success to lead to future contracts in the region.
With strong planning and local partnerships, the plant will continue to deliver reliable power. Iraq’s energy system benefits directly from these types of strategic deals.
Overall, the Maisan power plant contract shows real progress in Iraq’s energy sector. It also highlights the value of trusted global partnerships.