Iraqi Minister of Electricity Kareem Waheed has announced that his department has awarded the US utilities giant General Electric (GE) a multi billion dollar contract to build 56 power generation units.
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Under the agreement, GE Energy is providing heavy-duty frame 9E multi-fuel gas turbines capable of supplying 7,000 megawatts (MW) of electricity.The initial agreement signed in December of last year valued the 56 gas turbine units at US$3 billion while the latest reports from Iraq value them at $7 billion.
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