GE to strengthen Indonesian power infrastructure
GE has signed deals, worth over $1bn, for the development of four infrastructure projects including three power generation projects in Indonesia.
The three projects, which have a combined power generation capacity of 3GW, are designed to contribute to the country's plan to generate over 35GW of additional power by 2019.
GE vice chairman John Rice said: "We are pleased to play a role in developing Indonesia's infrastructure by providing technology and capabilities to our customers who will bring much-needed power and transportation services to the Indonesian people."
Under the deal signed with state-owned electricity provider PT Perusahaan Listrik Negara (PT PLN) subsidiary PT PLN Batam, GE will provide aeroderivative gas turbine technology for a 500MW fast power project in the country.
GE will supply a total of 20 TM2500 gas turbines for the project.
The company is already installing four TM2500 gas turbines for another project in Gorontalo, North Sulawesi.
Designed for quick installation, the truck-mounted, run on dual-fuel and fully re-deployable units will enable quick generation of 100MW power to meet the energy requirements of around 800,000 Indonesian homes.
GE said it has also signed two joint cooperation agreements in order to assess feasibility of developing and investing in power projects using combined cycle technology.
The first deal has been signed with PT Indonesia Power, another PT PLN subsidiary, for 500MW of power generation capacity. The second deal has been signed with independent power producer PT Cikarang Listrindo for production of at least 1GW energy.
Separately, GE Hitachi Nuclear Energy (GEH) has signed a memorandum of understanding (MOU) with the Vietnam Atomic Energy Agency (VAEA) to support the country's nuclear power infrastructure.
As per the deal, GE will help VAEA in understanding the light water reactor technology and nuclear project management.
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