EthosEnergy bags O&M contract for 850MW CCGT plant in Iraq

EthosEnergy, a service provider for rotating equipment, has secured a multimillion-dollar Operations and Maintenance (O&M) contract for the Maisan combined cycle power plant near Basra, Iraq.

The three-year contract marks a milestone or EthosEnergy, as it represents the company's first contract for comprehensive third-party care, custody and control in the Middle East.

The 850MW facility is operated by Maisan Power Company (MPC), which is part of Raban Al Safina (RAS) Group. Last year, EthosEnergy and RAS signed a joint venture agreement in Iraq including the construction of a purpose-built gas turbine component repair facility near Baghdad.

The plant features two Siemens Energy SGT5-4000F gas turbine generator sets, one SST5-4000 steam turbine, one SGen5-2000H electric generator, and balance of plant systems.

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EthosEnergy will oversee operations, routine inspections, and both regular and preventive maintenance for all power plant equipment, acting on behalf of MPC in managing the long-term O&M service agreement.

Iain O’Brien, senior vice president of O&M at EthosEnergy, commented on the contract: "The signing of this new contract significantly strengthens our strategic partnership with RAS Group and expands our presence in Iraq and its neighboring countries. It highlights EthosEnergy’s commitment to growing our O&M business and aligns with our strategy for the Middle East, a region that presents substantial growth opportunities.

"In a region where temperatures can soar to 50ºC in summer, we take pride in assisting the local community to secure the reliable power they need,” concluded O’Brien.

Saadi Saihood, chairman of RAS Group, added: “We are dedicated to developing and investing in the Maisan Combined Cycle Power Plant. Building upon our joint venture with EthosEnergy, this contract further strengthens our ability to deliver safe, sustainable, and stable power to the Iraqi national grid.
EthosEnergy is recognized as one of the world’s top performers in O&M. Utilizing their engineering expertise and knowledge of best practices demonstrates our deep commitment to quality and will help ensure power generation in Iraq.”

The Maisan plant was developed by MPC in accordance with a long-term power purchase contract with the Iraqi Ministry of Electricity worth $1 billion. Construction began in 2019, and the plant commenced operations in June 2022, generating electrical power and dispatching it to the Iraqi national grid.