GE Power Systems has signed contracts worth approximately $900 million to supply 13 GE 9FA gas turbine-based combined cycle systems to power plants in China.
The signing is said to make GE the leading supplier for China’s Gas Turbine Power Plants Construction Project. One of the largest purchases by the Chinese power industry, GE won over international competition to become one of the two major gas turbine suppliers.
GE won the bidding in consortium with Harbin Power Equipment, the Chinese partner at which the GE turbines will be assembled under a technology transfer arrangement.
GE has also signed a joint venture agreement with Shenyang Liming Aero-Engine Group Corporation for the technology transfer and production of combustion systems for the 9FA class gas turbines, which can generate 380 megawatts of electricity.
With this order and upcoming oil and gas equipment and services, hydro and wind power deals, GE Power Systems is aiming for $1 billion in orders in China in 2003.
Del Williamson, Global Sales president of GE Power Systems, said: ‘Our win in this program is a significant step toward an increased presence for GE Power Systems in China. We are now better positioned to support China’s rapid economic expansion by selling, sourcing and servicing our customers.’