Natural gas-fired power projects in Bangladesh to use GE turbines

GE (NYSE: GE) has received $89 million in contracts to supply Frame 9F 3-series gas turbines for two new power plants in Bangladesh. The power plants are expected to generate a total of 675 MW.

GE will provide one 9F 3-series gas turbine and parts to Isolux Ingenieria SA of Spain, which is building the Siddirganj Power Plant for the Electricity Generation Co. of Bangladesh Ltd. The second 9F 3-series gas turbine will go to Summit Corp. which is building a new plant in Bibiyana, Bangladesh.

The Siddirganj plant is scheduled to begin commercial operation in the fourth quarter of 2014, while the Bibiyana plant will enter service in the second quarter of 2015. The two plants support the government’s plans to increase the country’s electricity capacity from 8 to 20 GW in the next six to eight years. Currently, Bangladesh is only 50 percent electrified and has a 1.4 GW deficit during periods of peak demand.

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