GE Aeroderivative Gas Turbines Tapped for Independent Power Project in Myanmar

  GE Aeroderivative Gas Turbines Tapped for Independent Power Project in
  Myanmar

  *One of the First Projects in Myanmar since the U.S. Government Lifted
    Sanctions
  *Project to Help Meet Myanmar’s Urgent Electricity Requirements
  *Natural Gas Seen as a Key to the Country’s Energy Future
  *Project Expands GE’s Growing Role in Supporting Myanmar’s Future

Business Wire

YANGON CITY, Myanmar -- December 11, 2012

GE (NYSE: GE) aeroderivative gas turbine technology has been selected for one
of the first projects in Myanmar since the U.S. government recently lifted
sanctions on U.S. investment in the country. A fast-track project, the new
natural gas-fired power plant facility will enter commercial service no later
than the second quarter of 2013 and will produce about 100 megawatts to help
meet Myanmar’s rapidly growing power requirements.

The project announced today further expands GE’s role in helping Myanmar
develop its infrastructure to support a growing society. GE Healthcare and GE
Capital Aviation Services Limited also have announced other initiatives in
Myanmar earlier this year.

GE will supply two LM6000-PC Sprint aeroderivative gas turbine-generators and
technical advisory services for the plant, located in Alhone Township, Yangon
City, Myanmar. Independent power producer TOYO Thai Power Corp. in Singapore
(TTPSG) is the owner/operator of the plant and will sell the power to
Myanmar’s Ministry of Electric Power.

“Myanmar has abundant energy resources, most notably hydropower and natural
gas, which can be tapped for power generation and oil and gas exploration,”
said Hironobu Iriya, president & CEO of TTPSG. “Due to the availability of
natural gas, we expect that gas-fired combined-cycle projects will play an
increasingly important role in increasing Myanmar’s power supply to support
the country’s urgent need for more power.”

Myanmar is planning to add 450 megawatts of gas-based capacity as part of an
initiative to double the country’s installed electricity capacity by 2015.
Currently, more than 20 percent of the country’s installed capacity is natural
gas-based power generation.

“Gas-fired combined-cycle power plants can be delivered and installed to meet
tight project schedules making this technology an excellent fit for addressing
Myanmar’s immediate electricity requirements,” said Darryl Wilson, president
and CEO—aeroderivative gas turbines for GE Power & Water. “In addition, the
reliability and overall performance of these plants have been proven in
thousands of applications worldwide.”

GE’s portfolio of innovative distributed power solutions gives businesses and
communities around the world the ability to generate reliable and efficient
power using a variety of fuels anywhere, whether on or off the grid. GE’s
distributed power solutions gives customers of all types—including industrial
businesses, developing communities, government agencies managing disaster
relief and other emergency power situations—the ability to generate reliable,
sustainable power whenever and wherever it is needed. GE’s distributed power
portfolio includes GE aeroderivative gas turbines, Jenbacher and Waukesha gas
engines and Clean Cycle waste heat recovery solutions.

GE’s innovative LM6000-PC Sprint aeroderivative gas turbines operate at high
efficiency, feature superior fuel consumption and flexibility and enable lower
emissions and water usage compared to other units in their class. The
technology is qualified under ecomagination, GE’s commitment to provide
innovative solutions that maximize resources, drive economic performance and
help make the world work better.

The LM6000 offers reliability of greater than 99 percent and availability of
more than 97 percent, along with a high level of operating flexibility and
proven dry low nitrous oxide (NO[x]) emissions technology that guarantees
NO[x] emissions as low as 50 ppm at 15 percent Oxygen. The machine’s high
efficiency enables lower fuel consumption per unit of power output than
competitive technologies, yielding fuel cost savings and carbon dioxide
reductions for turbine operators.

The two LM6000-PC Sprint aeroderivative gas turbines for the TTPSG project
will be equipped with modified nozzles to accommodate the medium BTU gas that
will be the fuel for the plant. The gas turbines will be manufactured at GE
facilities in Cincinnati, Ohio, and the gas turbine-generator sets will be
packaged at GE’s plant in Hungary.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in energy,
health and home, transportation and finance. Building, powering, moving and
curing the world. Not just imagining. Doing. GE works. For more information,
visit the company's website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation,
energy delivery and water process technologies to solve their challenges
locally. Power & Water works in all areas of the energy industry including
renewable resources such as wind and solar; biogas and alternative fuels; and
coal, oil, natural gas and nuclear energy. The business also develops advanced
technologies to help solve the world’s most complex challenges related to
water availability and quality. Numerous products are qualified under
ecomagination, GE’s commitment to providing innovative solutions that maximize
resources, drive efficiencies and helping to make the world work better. Power
& Water’s seven business units include Aeroderivative Gas Turbines; Gas
Engines; Nuclear Energy; Power Generation Services; Renewable Energy; Thermal
Products and Water & Process Technologies. Headquartered in Schenectady, N.Y.,
Power & Water is GE’s largest industrial business.

Follow GE Power & Water, its aeroderivative business and ecomagination on
Twitter @GE_PowerWater, @GE_Aero and @ecomagination.

Contact:

GE Power & Water
Rick Goins, +1-281-740-1422
richard.goins@ge.com
or
Masto Public Relations
Gina DeRossi, +1-518-786-6488
gina.derossi@mastopr.com
or
Howard Masto, +1-518-786-6488
howard.masto@ge.com
 
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