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GE Expands Power Generation Technology In Russia

Posted on December 28, 2010

GE has signed a framework agreement to form a joint venture with to help modernize the power generation sector in Russia. GE and state corporation Russian Technologies and Inter Rao Ues JSC intend to form a joint venture to manufacture, assemble, sell and service heavy-duty gas-fired gas turbines in Russia.

The joint venture will manufacture GE's 6FA gas turbines at a factory to be built in the vicinity of Rybinsk, Russia. The turbines are intended to address a growing need in Russia for mid-sized power blocks in combined heat and power applications.

According to Russia's Energy Ministry, the country needs to invest US$80 billion in the next 10 years to address aging generation assets, predicting the need for an additional 80 GW of thermal power generation capacity in the next 20 years.

For more information: www.ge.com

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