GE signs deal with Iraq for 3 GW CCGT power plant

• 2 days ago (2025-10-21)
• David Flin

Gas 442 Middle East 353

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Iraq’s Ministry of Electricity has signed an agreement to construct the 3 GW Al-Faw CCGT power plant in Basra. The contract is between the Iraqi entities Southern Power Production General Company and Advanced Technology Systems Company , with the project to be carried out by GE .

The project will operate for 25 years under a “Take and Pay” model, where the government pays only for the electricity it receives.

The combined cycle power plant will have four gas turbines and two steam units. Iraq’s Minister of Electricity emphasised Al-Faw’s strategic location, close to the Grand Faw Port and connected to the new Wafra-Faw interconnection line with Kuwait. The Minister said that the plant will position Basra as a future regional energy hub.