Iraq has officially started construction of new 24,000-Megawatt power plants in partnership with General Electric (GE) Vernova. The project aims to build highly efficient power plants with a total capacity of 24,000 megawatts. Iraq’s Minister of Electricity, Ziyad Ali Fadel, confirmed the start during a workshop on ways to meet the country’s growing electricity demand.
The 24,000-megawatt power project is a historic initiative for Iraq’s energy sector. It will not only construct new facilities but also maintain and improve existing power plants. Fadel emphasized that boosting electricity production remains a national priority to meet rising domestic and industrial needs.
This initiative follows a memorandum of understanding signed earlier with GE Vernova. The MoU covers combined-cycle gas-fired power plants and represents the largest electricity agreement in Iraq’s history. Funding may come from international institutions, ensuring Iraq can modernize its infrastructure without straining public budgets.
Over the next four years, GE Vernova will implement the 24,000-megawatt power project in three phases. The company will first improve the efficiency of current generating units. Next, it will install cutting-edge technology to maximize output without increasing fuel consumption. Finally, the project will expand the power grid to ensure reliable electricity distribution nationwide.
Fadel also highlighted parallel agreements with Siemens to develop an additional 14,000 megawatts. These combined efforts demonstrate Iraq’s proactive strategy to address chronic electricity shortages and support economic growth. The 24,000-megawatt power project will supply energy to homes, businesses, and industries across Iraq.
Energy experts note that the 24,000-megawatt power project strengthens Iraq’s energy independence. By modernizing infrastructure and adopting advanced technology, the initiative enhances grid stability and reduces reliance on external electricity sources. Furthermore, it encourages investment in Iraq’s industrial and commercial sectors, supporting broader economic development.
The Iraqi government and GE Vernova will monitor progress closely. Both sides plan to coordinate technical training, workforce development, and long-term maintenance programs. Iraq’s 24,000-megawatt power project reflects a commitment to sustainable energy growth and modernization.
Overall, Iraq’s 24,000-megawatt power project marks a turning point for national electricity supply. The initiative promises improved access to power, greater energy reliability, and a stronger foundation for economic growth.