Sonelgaz Signs $1 Billion in Service Agreements with GE Energy
Taking another important step toward meeting Algeria’s growing energy needs, state-owned power company Sonelgaz has signed service agreements with GE Energy worth more than US $1 billion. The service agreements will help to improve efficiency, output and reliability of 51 gas turbines installed in 13 power plants across the country.
Algeria’s economy continues to rapidly expand. According to the Ministry of Energy and Mining, the country’s installed generating capacity in 2006 was 7,077 megawatts, while its need for power is surging more than 7% annually and will reach a projected 14,000 megawatts by 2010.
For more information: WWW.GE.COM