Inter RAO Group General Electric

ELSIB will supply generators for GE gas turbines localized in Russia

19.06.2015

St. Petersburg, Russia, June 19, 2015. – In the framework of the XIXth St. Petersburg International Economic Forum, “Russian Gas Turbines” LLC (joint venture of GE, Inter RAO and United Engine Corporation) and Russian electrical engineering company “ELSIB” signed a Memorandum of Understanding on conducting training and organizing the supply of generators 90 MW for 6FA turbines localized on Rybinsk plant. The Memorandum was signed by Nadezhda Izotova, General Manager of "Russian Gas Turbines" LLC, and Dmitry Bezmelnitsyn, General Manager of “ELSIB” OJSC.

The Memorandum provides for the parties’ intentions to sign as soon as possible a contract for the supply of the first pilot, and then serial generator type TF-90G-2U3 in the framework of the Russian Gas Turbines equipment localization project. The scope of supply includes a turbine generator, static excitation system, acoustic enclosure and equipment to be mounted on site.

The turbine generator TF-90G-2U3 is an extension of the existing equipment line of "ELSIB" which has been successfully operating on the stations in Russia and CIS countries for many years. Application of Russian generator in gas power plants allows offering the end consumer a product that closely matches the existing technical regulations. In addition, the Russian generator allows reducing costs of equipment installation, commissioning, training of plant personnel and subsequent maintenance.

In case of success of the first project, “Russian Gas Turbines” LLC plans to expand cooperation with “ELSIB” and to consider the development, design and manufacture static frequency converters for TF-90G-2U3 that will allow providing Russian consumers with a comprehensive solution for localized 6FA gas turbine units.

Nadezhda Izotova, General Manager of “Russian Gas Turbines” LLC: “We are glad that GE energy equipment, manufactured in Russia, will be supplied with high-tech components manufactured in Russia. This will bring additional benefits to our clients by reducing costs for logistics, maintenance and by raising efficiency of production processes. The “ELSIB” company completely meets global requirements and GE quality standards”.

Dmitry Bezmelnitsyn, General Manager of “ELSIB” OJSC: “For ELSIB the partnership with Russian Gas Turbines is a significant and important event that will become a new page in the history of our company and will certainly give a new impetus to further development of the domestic engineering”.

The company "Russian Gas Turbines" LLC was founded with the purpose of production, sale and maintenance in Russia and CIS of high-efficiency 6FA gas turbines, 77 MW, with low emissions. The capacity of the plant in the initial phase will be 14 6FA units per year and can be increased up to 20 turbines a year due to the growth of production capacity. The production plant will meet the growing demand in Russia and CIS for highly efficient mid-size power units for projects of combined heat and electrical energy production.

GE (NYSE: GE) works on things that others cannot imagine, creates what no one else can, and finds the best solutions that make the world a better place. GE successfully connects the material world with the world of digital technologies. In research laboratories, in factories and in working with clients, GE creates a new industrial era in order to provide the world with energy, transportation, infrastructure, and to help to maintain the people’s health. GE has worked in Russia for almost 100 years, using international experience and localizing advanced technologies in collaboration with strategic partners in the energy sector, oil and gas industry, transport, healthcare to solve key infrastructure issues of the region and to improve people's lives. More than 1500 GE employees work in Russia and the CIS. The regional headquarters are located in Moscow. Find more information on the official GE website www.ge.ru

The “Inter RAO” group is a diversified energy holding present in different segments of the electric power industry in Russia and abroad. The company occupies leading positions in Russia in the field of export-import of electricity, actively increasing its presence in the segments of generation and distribution, as well as developing new business areas. The strategy of “Inter RAO UES” aims at creating a global energy enterprise – a key player in the global energy market, a leader in the Russian power industry in the area of productivity. Installed capacity of power plants included in the “Inter RAO” group and under its management exceeds at 34.3 GW. www.interrao.ru

“United Engine Corporation” JSC (part of Rostec) is an integrated structure specializing in the development, mass production and maintenance of engines for military and civil aviation, space programs, as well as gas turbine plants of various capacity to generate electrical or thermal energy; as well as gas compression and vehicular power plants. One of the priority directions of activity is integrated programs implementation for the development of enterprises in the industry by introducing new technologies that meet international standards. The revenue of “UEC” JSC in 2013 amounted to 156,9 billion rubles.