Wednesday, June 22, 2005

GE Energy- Cerkezkoy

GE Energy to Provide LM6000-PC Sprint for Organized Industrial Zone in Turkey

Contract includes 14-year CSA

HOUSTON, TEXAS (March 18, 2005) — GE Energy will provide an LM6000-PC Sprint aeroderivative gas turbine to Cerkezkoy Enerji Elektrik Uretim A.S., located in the OSB (organized industrial zone) of Cerkezkoy, Turkey. A 14-year contractual service agreement for maintenance is included with the contract.

The gas turbine will be used for cogeneration and will produce approximately 48 megawatts of electrical power and 60 tons per hour of process steam to feed the industrial users, mainly textile factories within the Cerkezkoy industrial zone. The plant will run parallel to the 154 kV Turkish electricity transmission authority's (TEIAS) grid system. The plant will be the largest and most efficient cogeneration facility in Turkey and deliver power to the industrial users at a 20% reduced rate.

"Our proven technology and quality service will allow Cerkezkoy Enerji to provide more efficient and reliable power to all of the companies within the industrial area that depend on them," said Rick Stewart, president of GE Energy's aeroderivative division.

The LM6000-PC Sprint gas turbine is scheduled to ship in June 2005 and be put into commercial operation in December 2005. It will be run on gas fuel.

Cerkezkoy Enerji is a semi-public entity that consists of an elected board set up to provide utilities and infrastructure for the factories within the industrial zone. There are 160 factories inside the Cerkezkoy industrial zone, made up mostly of textiles, top quality fabrics, and garments that are exported to the United States and Western and Eastern Europe.

GE Energy's aeroderivative division 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.


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