Gas-fired power plants in Asia promoted by GE and Toshiba

GE (NYSE: GE) and Toshiba Corp. (LSE: TOS) of Japan are bringing GE's FlexEfficiency gas turbine technology to Japan and other countries in Asia, the two companies announced during POWER-GEN Asia 2011.

Under the terms of a memorandum of understanding (MOU) signed Sept. 27, GE and Toshiba have agreed to mutually promote new combined-cycle power plants with GE Frame 9FB gas turbines incorporating GE's FlexEfficiency technology and Toshiba's high efficiency steam turbine-generators for projects in Japan and other Asian countries, as agreed upon by GE and Toshiba.

GE and Toshiba have worked together for eight decades, including nearly 30 years in the gas turbine sector and have jointly installed 31 gas turbines for projects in Japan, totaling 7,993 MW.

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