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Home > About Us > Press Center > 2004 Press Releases : Press Release |
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GE Supplies LM 6000 Gas Turbines For Industrial Power Station In Turkey MANAMA, BAHRAIN (September 13, 2004) — GE Energy was recently awarded a contract to supply aeroderivative gas turbine-generators to Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. of Istanbul, Turkey. Under the terms of the contract, GE has provided four 48-megawatt LM6000-PC NDW Sprint® gas turbine-generator packages for use at the Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. industrial facility in Aliaga/Izmir, Turkey. The turbine-generator packages will be used for combined-cycle power generation, providing power to the Aliaga/Izmir facility. The turbines, packaged at the GE Energy facility in Houston, Texas, are equipped with water injection for NOx reduction. Natural gas serves as the primary fuel, while diesel provides backup. Three of the units have been running in simple-cycle commercial operation since the beginning of 2004. With delivery of the fourth unit, the facility will operate in combined cycle in September of this year. The two steam turbine generators for this combined-cycle plant will be delivered by GE Energy's facilities in LeCreusot, France. Financing for this transaction is structured as co-financing between the U.S. Ex-Im Bank and Coface of France with the corporate credit of Habas Sinai ve Tibbi Gazlar Istihsal Endustirsi A.S. The U.S. Ex-Im Bank is leading the co-financing transaction on behalf of the ECA group by providing its guarantee for the whole transaction, backed by Coface's counter-guarantee for its portion of the project scope. The loan will have a grace period equal to the construction period of the project and a repayment period of 10 years. GE Commercial Finance is acting as an advisor to Habas for the financing and Societe General, New York is funding the whole transaction under US Ex-Im guarantee. GE Energy's aeroderivative business is a leading supplier of aeroderivative gas turbines for industrial and marine applications and is also the world's largest and most experienced aeroderivative gas turbine service provider. It also provides power-generating equipment to utilities, industries and marine fleets throughout the world. In addition, the company provides comprehensive maintenance coverage and is dedicated to helping its customers improve their operations through reduced plant downtime, improved efficiency, and enhanced power or production output. About GE Energy GE Energy (www.gepower.com) is one of the world's leading suppliers of power generation and energy delivery technology, with 2003 revenues of nearly $18.5 billion. Based in Atlanta, Georgia, GE Energy provides equipment, service and management solutions across the power generation, oil and gas, transmission and distribution, distributed power and energy rental industries. For more information, contact: GE Energy: Dennis Murphy GE Energy +1 678 844 6948 dennis.murphy@ps.ge.com Gina DeRossi or Howard Masto Masto Public Relations +1 518 786 6488 gina.derossi@mastopr.com howard.masto@ps.ge.com > Press Contacts > More 2004 Press Releases |