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Corporate News |
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Iraq, GE Sign $400 Million Deal for Power Infrastructure
23-Nov-2017
Iraq and General Electric have signed a deal to develop Iraq's power infrastructure, which would help bring much-needed electricity to areas facing significant shortages across the country.GE says in a statement released Wednesday that the more than $400 million contract will help building 14 electric substations and supply critical equipment such as transformers, circuit breakers and other outdoor equipment to revamp existing substations.GE says the substations will hook up power plants in the provinces of Ninevah, Salahuddin, Anbar, Baghdad, Karbala, Qadissiyah and Basra to the national grid.
News Source:- https://www.voanews.com/a/iraq-ge-deal-power-infrastructure/4129913.html
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