GE (NYSE: GE) has received contracts totaling $89 million to supply Frame 9F 3-series gas turbines for two new power plants that will produce 675 megawatts of power to help expand Bangladesh’s power generation capacity. The projects will be the first in the country to feature GE’s advanced class gas turbine technology, delivering power with high efficiency, availability, reliability and low emissions.
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 Company of Bangladesh Ltd. The second 9F 3-series gas turbine will go to Summit Corporation, an independent power producer that is building a new plant in Bibiyana, Bangladesh. GE, Isolux and Summit signed the contract today at a ceremony in Dhaka witnessed by GE Chairman Jeff Immelt, GE India CEO John Flannery along with Isolux Chairman Luis Delso, Summit Corporation Chairman Aziz Khan, U.S. Ambassador to Bangladesh Dan Mozena and Bangladesh government officials.
The Siddirganj plant will 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 gigawatts in the next 6-8 years. Currently, Bangladesh is only 50 percent electrified and has a 1.4-gigawatt deficit during periods of peak demand.
“The Siddirganj and Bibiyana II projects are critical steps in fulfilling the government’s continuous commitment to bringing much needed reliable and affordable electricity to the people of Bangladesh. Working with GE’s best-in-class technology will benefit the operators,” said Dr. Tawfiq-e-Elahi Chowdhury, energy advisor to the Prime Minister.
Designed for 50-hertz applications, the GE Frame 9F 3-series advanced technology gas turbine delivers power with high efficiency, availability, reliability and low emissions. It provides the flexibility required today in many regions for power that can be rapidly adjusted to compensate for changes in renewable generation, demand or use. It provides the plant operator with choices to best meet fluctuating power demands and has accumulated 10.5 million operating hours worldwide.
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