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GE Energy Signs $115 Million Service Agreement in China

Posted on August 13, 2009

GE Energy has signed a US$115 million, long-term service agreement with Fujian Jinjiang Gas Power Co. Ltd. that helps address the need for reliable and efficient power generation to support the rapid economic growth of Fujian Province in southeastern China.

The nine-year agreement covers four Frame 9FA gas turbines at the Fujian Jinjiang plant, located on the coast of Taiwan Strait. The plant produces more than 1,560 megawatts and is a key part of the local government’s initiative to increase the province’s power generation capacity to 3,500 megawatts by 2010. Based on GE’s core technology, the gas turbines were supplied by Harbin Power Equipment Company,a GE business associate in China.

“The new agreement underscores our continuing commitment to help our customers in China and worldwide meet growing economic and societal needs,” said Dan Heintzelman, president of Energy Services for GE Energy. “Our service agreements are designed to provide customers with access to our latest technology, enabling them to maximize the productivity of their power generation assets and help control both emissions and operating costs.”

The scope of GE’s service agreement with Fujian Jinjiang will include parts, services, repairs and training and will cover one major inspection period for the gas turbines. The agreement helps to ensure that the power plant will continue to meet its efficiency goals, making it one of the most efficient power stations in China.

For more information: www.ge.com

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