GE’s Gas Turbines to Help Provide Uninterrupted Power in Iraq Fourth Power Plant Supported by GE Turbine Technologies in the Kurdistan Region Plant to Provide Electricity Equivalent to the Required Annual Energy Needs of Approximately 750,000 Households in Iraq SULAIYMANIYAH, KURDISTAN REGION OF IRAQ—October 14, 2014—GE (NYSE: GE) has signed a contract with ENKA to supply power generation equipment for a new 750-megawatt (MW) combined-cycle plant being developed by Qaiwan Group in Iraq. GE will provide four 9E gas turbines and one steam turbine for a new power plant in Sulaimaniyah to support the government’s goal of strengthening the electricity infrastructure in the Kurdistan region. GE has played a key role in supporting the region’s focus on providing uninterrupted power for its people and driving industrial growth. Through its regional partnerships, GE’s turbines support more than 90 percent of the electricity generated in the Kurdistan region, supplying nearly 20 hours of electricity a day. The new power plant in Bazyan marks the fourth power project that GE is supporting with its heavy-duty gas turbine technologies in the region. The Erbil, Sulaiymaniyah and Dohuk plants, powered by 24 GE 9E gas turbines, produce more than 3,000 MW, the equivalent to the required annual energy needs of approximately 3 million households in Iraq. The Bazyan plant will help deliver power to an additional 750,000 households. Saad Hassan, CEO of Qaiwan Company, said, “The Bazyan power plant is expected to address the growing demand for power in the Kurdistan region. Our objective is to enhance its operations through a combined-cycle plant with reliable and advanced technologies that contribute to greater efficiency in the long run. GE’s gas and steam turbines are an ideal fit to our requirements.” Fehmi Bayramoglu, member of the executive committee, ENKA said, “The Bazyan project is one of our key contracts in the region, which we are committed to developing as per an aggressive project schedule. Having worked with GE on three earlier projects in the region, we are confident of the additional value that the company’s technologies bring to the project.” Mohammed Mohaisen, CEO, GE Power Generation Products and Services Sales, Middle East and North Africa said, “With over 40 years of presence in Iraq, GE is committed to supporting its developmental goals to build a strong electricity infrastructure. Our contract for the Bazyan power plant is the fourth with ENKA in this region, highlighting the trust of our partners in delivering advanced technologies that strengthen the efficiency of power projects. GE’s gas and steam turbines will assist in enhancing plant operations that support the rapidly growing industrial area of Bazyan.” With more than 30 million operating hours of utility and industrial service, the 9E turbines are proven to be extremely productive even in challenging climates. The platform has flexible fuel handling capabilities including natural gas, light- and heavy-distillate oil, naphtha, crude oil and residual oil— thus serving as a good match for the needs of the Bazyan combined-cycle power plant. Page 1 of 3 GE October 14, 2014 For more information, please visit GE’s POWER-GEN Middle East event website at http://events.gepower.com/#/press-room. Join the conversation at the GE Hewar blog: http://middleeast.geblogs.com/ Follow GE Power & Water and GE Power Generation on Twitter @GE_PowerWater and @ge_powergen, and on LinkedIn. About Qaiwan Group Qaiwan Group was established in the 1990’s as a privately owned company in Sulaiymaniyah, Kurdistan. The Group’s first line of business was in the general trading activities. Today, Qaiwan Group is a leading Kurdish conglomerate employing over 2,000 people and is recognised as a key international player with a diverse portfolio of commercial interest across a range of growth sectors: oil refining and trading, power and energy, real estate and hospitality industries. It also has an office in Dubai and is connected to the international markets. Since its inception, the company has constantly explored new innovative, technological advancements and business opportunities to enable it to maintain its position as one of the region’s largest and most respected diversified conglomerates. Qaiwan Group’s exceptional growth has firmly established it as an integral part of Kurdistan’s infrastructural development and economic prosperity, positioning it as a committed partner in the region’s future growth. Qaiwan Group own mega-scale industry projects that satisfies current demand. Those include one of the largest oil refineries in the Kurdistan Region; the Bazian Refinery expansion, expanding the capacity to 84,000 bpd, a 110 km 8-inch pipeline and a 750 MW power plant. The group also answers the real estate shortage in Kurdistan by building landmarks like Qaiwan Towers, Qaiwan City, Sulaiymaniyah Hills and Qaiwan Heights. In addition, Qaiwan Group contributes to solving the shortage in hotels in Kurdistan with Sulaiymaniyah Rotana, the five-star luxury hotel for business and leisure. For more information on Qaiwan Group, please visit www.qaiwangroup.com. About Enka Inşaat ve Sanayı Enka is a privately-owned company and is the leading engineering, procurement and construction company in Turkey. Since its founding in 1957, ENKA has worked on more than 468 projects in 43 countries. Today, Enka’s 25,117 employees are working in 15 countries serving customers in a broad range of industries including high-rise “A class” offices, residential buildings, hotels, building development projects, airport terminals, power plants, industrial factories, petroleum and chemical facilities, new reclaimed islands and motorways. In 2014, Engineering News-Record (ENR) named ENKA as the largest international contractor in Turkey and 52nd largest international contractor in the world. The ENKA Group revenue in 2013 was USD 6,55 billion. The financial stability and strength of ENKA are globally recognized, combining substantial revenues together with proven profitability over many decades. Over the past 30 years, ENKA has gained wide experience in energy sector and successfully executed various power plant projects worldwide. Page 2 of 3 GE October 14, 2014 After re-entering Iraq in 2011, Enka has contributed to the country’s development by undertaking power plant projects across all regions in Iraq and adding more than 4000 MW to the grid. In Basra region, Enka has completed 3x42 MW simple cycle power plant for Luk Oil on turnkey basis, this plant is supplying electricity to the processing facilities in West Qurna-2 oil field. Using GE 9E gas turbines, Enka is building 500 MW simple cycle power plant for the Ministry of Electricity in Al-Najibiyaha on turnkey basis. In Iraqi Kurdistan Region Enka, along with GE supplied steam turbines, Enka is converting the open cycle power plants in Erbil, Sulaymaniyah, and Dohuk into combined cycle power plants (500 MW in each location). For more information on Enka, please visit www.enka.com About GE GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com. About GE Power & Water GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar, biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business. ### For more information, contact: Kevin Norris GE Power & Water +1 678 844 4568 [email protected] Kelly Home/Nivine William ASDA’A Burson-Marsteller +9714 4507600 [email protected] [email protected] Page 3 of 3 GE October 14, 2014 Caroline Wehbeh External Communications Director, GE MENAT +9714 4296318 [email protected]
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