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Business Success Stories 3rd September 2015

GE Announces Huge Increase in Orders

GE Announces Huge Increase in Orders

GE Announces Over $1 Billion in Orders from Asia Pacific Customers

Rapid economic growth across Asia Pacific has led to the demand for power to soar, fuel prices to rise and environmental and financial regulations to tighten. As a result, generators are looking for ways to improve efficiency and flexibility while reducing costs and environmental impact, and they are increasingly turning to companies such as GE for solutions.

At the POWER-GEN Asia conference, GE announced more than $1bn in orders from customers across the region, demonstrating the growing demand for GE’s power generation systems and software.

“GE’s proven AGP solution gives us the ability to improve thermal efficiency by 0.7% and reduce the fuel costs and CO2 emissions of our Joetsu Thermal Power Station,” said Ramesh Singaram, president of Power Generation, Asia Pacific, GE Power & Water.

“Customers in this region are challenged to generate high-efficiency power and reduce emissions. With GE technology, they have the opportunity to add power to the grid as quickly as possible, safeguard the environment and still realise critical life cycle cost savings.”

GE’s current Asia Pacific gas turbine fleet consists of more than 1,000 units across 15 countries, comprising the largest gas turbine portfolio in the region. GE units can deliver from 16 megawatts (MW) of power up to 510 MW, the equivalent power that would be needed to supply more than one million homes in countries such as Japan and Korea.

Singaram said that GE is well-positioned to help Asia Pacific customers, with more than 18,500 GE professionals working in the region and accessibility, resources, service and sales support in more than 10 countries. GE has repair centers in Japan, Indonesia and a repair center of excellence in Singapore. GE’s comprehensive solutions, he said, help customers throughout Asia Pacific manage such issues as fuel prices, environmental regulations and the need for fuel flexibility.

Customers across Asia Select GE Power Solutions

In Thailand, GE is announcing six new LM6000-PF aero derivative gas turbines for Gulf Energy Development (GED). The units will be used for three combined-cycle plants to help increase efficiency and generate additional power. The LM6000-PF has reached its highest efficiency yet, 56%, and can go from zero to full power in less than 10 minutes.

“We have faith in GE and believe that by choosing the LM6000-PF , which is recognised for its increased performance and flexibility; it should serve our requirements fittingly for the specific project conditions. Moreover, it is a bonus for us to be the first country in the world to get this product,” said Ravi Kurmahorita, GED’s EVP Business Development.

Additionally, the Electricity Generating Authority of Thailand (EGAT) will be utilising GE’s suite of upgrade solutions on four 9F gas turbines at two of its power stations in Bangkok to increase output, enhance efficiency and reduce fuel consumption costs while lowering emissions. Collectively these measures both increase the reliability of the power supply and reduce electricity costs for Thailand’s residents.

“By working with GE to increase the flexibility and efficiency of our power plants at EGAT North and South Bangkok, we are strengthening power security for our country in the event of different gas compositions while also improving air quality around Bangkok and reducing fuel consumption,” said Mr. Charin Kanjanarat: EGAT Assistant Governor — Generation 1. “Energy efficiency and environmental protection are priorities that support Thailand’s growth policies, and we implemented strong measures to reduce and control our environmental impact.”

In Vietnam, GE will be providing two high-efficiency, supercritical steam turbines and generators for Petrovietnam’s Long Phu 1 coal-fired power plant. This technology is more environmentally friendly as compared to conventional subcritical boiler technology.

“Long Phu 1 power plant will serve the growing demand in the south of Vietnam and help improve transmission efficiencies for the whole of Vietnam by locating much needed power closer to the demand,” said Dr. Nguyen Tien Vinh, general manager of power division, Petrovietnam. “Working with GE, we look forward to implementation of this project and ongoing success.”