GE Aeroderivative Gas Turbines Enter Commercial Operation in Krasnodar Region, Russia; Will Help Provide Power during Peak Times

  GE Aeroderivative Gas Turbines Enter Commercial Operation in Krasnodar
  Region, Russia; Will Help Provide Power during Peak Times of the 2014 Sochi
  Olympic Games

  *Project is First Installation of GE’s LMS100-PB Aeroderivative Gas
    Turbines
  *10-Minute Startup is Key Benefit
  *Units Feature GE’s Latest Emissions Technology

Business Wire

HOUSTON -- November 11, 2013

GE (NYSE: GE) today announced that its two advanced-technology aeroderivative
gas turbines that will help power Krasnodar region and also during the peak
loads the 2014 Winter Olympic Games in Sochi, Russia, entered commercial
operation on November 5. The units are located at Inter RAO’s Dzhubginskaya
thermal power plant (TPP), which features the highest efficiency simple-cycle
gas turbine available with modular design, advanced protection from natural
disasters and the latest environmental technologies. This power plant is an
important component of the local energy system, supporting uninterrupted flow
of electricity between 110 kV and 220 kV grids to ensure reliable power supply
to all regional customers.

In January 2011, GE won the contract from Inter RAO, a leading Russian energy
company and long-time customer, to help power Krasnodar region. The power
generated at the Dzhubginskaya TPP should be enough to cover more than one
quarter of expected peak load during the 2014 Winter Olympics. The two
ecomagination qualified aeroderivative gas turbines for this project are the
first LMS100-PB units in service globally. Overall, there are 51 LMS100 gas
turbines in operation, including 23 in California. The LMS100-PB packages for
this project were manufactured in Houston, Texas, and shipped via sea to
Europe for overland travel.

A key benefit to GE’s LMS100-PB technology is the ability to start up in less
than 10 minutes, about the time it takes to brew a pot of coffee. The units
feature GE’s DLE 2.0 Dry Low Emissions technology, which eliminates the need
for NO[x] water injection to reduce emissions. Fueled by natural gas, the
units will generate 180 megawatts (90 megawatts each) of on-demand base load
and peak load power for the Olympic venues.

“With the ability to run on a portfolio of flexible fuels, including natural
gas, flare gas, mine gas and even landfill gas, GE’s flexible, efficient
technology is meeting the needs of a range of distributed power customers from
hospitals to the Olympics,” said Darryl Wilson, vice president and chief
commercial officer—distributed power for GE Power & Water. “Commercial
operation was a key step in this project, and the success of this important
milestone is further evidence of our leadership position in the global
aeroderivative gas turbine industry.”

Boris Kovalchuk, chief executive of JSC Inter RAO, said, “The launch of
Dzhubginskaya TPP is an important milestone of Inter RAO investment program
that once again demonstrated that our group is a reliable and dependable
partner helping the government to deliver on strategic objectives. New, modern
and efficient power generation in Krasnodar region is important for reliable
power supply to Olympic venues and for successful development of the
territory. I am confident that Dzhubginskaya TPP will be a critical component
of Kuban energy system providing uninterrupted supply of electricity during
the Olympic Games and many years ahead.”

Ecomagination is GE’s commitment to providing innovative solutions that
maximize resources, drive economic performance and help make the world work
better.

GE’s aeroderivative gas engine technology is part of the company’s portfolio
of innovative distributed power solutions, designed to give businesses and
communities around the world the ability to generate more reliable and
efficient power using a variety of fuels in diverse locations on or off the
grid. GE’s distributed power portfolio also includes Jenbacher and Waukesha
gas engines and Clean Cycle waste heat recovery solutions.

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. Power & Water’s six business units include
Distributed Power, Nuclear Energy, Power Generation Products, Power Generation
Services, Renewable Energy and Water & Process Technologies. Headquartered in
Schenectady, N.Y., Power & Water is GE’s largest industrial business.

Follow GE Power & Water on Twitter @GE_PowerWater.

About Inter RAO Group

Inter RAO Group is a diversified energy holding serving various segments of
Russian and international electric power industry. Inter RAO is the leading
exporter and importer of electricity in Russia actively increasing electricity
generation and sales, and developing new lines of business. The corporate
strategy of Inter RAO is focused on making the company a global energy
enterprise and a key player in the global energy market. Inter RAO Group owns
and operates over 33.5 GW of installed power generation capacity.
www.interrao.ru

Contact:

GE Power & Water
Loranda Shaw, 281-509-9045
lorandaf.shaw@ge.com
or
Masto Public Relations
Gina DeRossi or Howard Masto
518-786-6488
gina.derossi@mastopr.com
howard.masto@ge.com