Atlanta-based GE Energy has signed a nine-year agreement to service four gas turbines at a power plant in southeastern China‘s Fujian province as its government ramps up power generation to support economic growth.
The energy arm of General Electric Co. inked the $115 million deal with Fujian Jinjiang Gas Power Co. Ltd., which runs a 1,560-megawatt power plant on Chinese coast of the Taiwan Strait.
The plant is an integral part of the government’s efforts to boost the province’s power generation capacity to 3,500 megawatts by next year, according to a GE Energy news release.
A GE Energy business partner from northern China, Harbin Power Equipment Co., supplied the turbines to the Fujian plant using GE’s core technology.
In March, GE announced two service agreements in Fujian and Zhejiang provinces totaling $128 million.
For more information, visit www.ge.com/energy.