GE · News · 20260815N
Geographic Market Commentary
GENERAL ELECTRIC CO · 2026-08-15 · Importance 48 · Surprise 64 · In source text
Iraq is targeting domestic electricity production capacity of 30,000 megawatts and plans to double electricity production and distribution capacity in 2027. The country expects to supplement domestic generation with external sources, including General Electric, solar and thermal power, and direct purchases from neighboring countries. The report indicates potential demand for GE equipment or services in Iraq's power-generation and distribution expansion, but does not identify a specific contract or award.
Key facts
- Iraqi Prime Minister Ali al-Zaidi directed the electricity ministry to achieve a domestic production capacity of 30,000 megawatts in 2027 and to secure additional megawatts from external sources, including General Electric. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | Iraqi Prime Minister Ali al-Zaidi directed the electricity ministry to achieve a domestic production capacity of 30,000 megawatts in 2027… |