Inter RAO Group General Electric

Rostec, GE and Inter RAO Open a New Russian Gas Turbines Plant

27.10.2014

Russian Gas Turbines LLC, a joint venture of GE, Inter RAO and United Engine Corporation (UEC) opened a manufacturing facility in Rybinsk, a city in the Yaroslavl Region, to produce, sell and service gas turbines.

The first two turbines intended for Russian Oil Company Rosneft will be assembled as early as in 2015. According to press release, the new plant has an annual capacity of up to 20 gas turbines a year, which should satisfy the demand for high-efficiency generators for combined heat and power generators.

Manufacturing 6FA turbines in Russia is a unique example of cooperation in the area of advanced electrical and power engineering technology. The 6FA turbine is a high-tech product with a combined-cycle efficiency more than 55%. This gas turbine offers the benefits of high reliability, compact size, the capability to run on different types of fuel and operate in extreme climate conditions, which makes 6FA suitable for wide use for power generation, area heat supply, and industrial cogeneration.

GE has a 50% equity stake in the Russian Gas Turbines project, while Inter RAO UES and the UEC each hold 25%. The joint venture partners have invested 5 billion rubles in building, equipping and developing the new production facility.

Dmitry Shugaev, Deputy CEO of Rostec Corporation, said, that the UEC’s primary role in the project was to ensure localization of key component production for the 6FA gas turbine at Rostec manufacturing plants. “A Working Group on localization comprising GE and UEC experts has been established and is working actively, and we are certain that our efforts will bring a great tangible result, and Russian components will meet the requirements and quality standards.”

Ron Pollett, President and CEO of GE in Russia and CIS has emphasized, that GE has been working in Russia for almost 100 years. “We are proud to mark the new stage of our successful long-term partnership with Russia by opening a gas turbine manufacturing facility in Rybinsk. Production launch at the new plant is in line with our strategy to expand our presence in the Russian market and will be a real contribution to upgrading the country’s electric utilities sector. The new plant will also meet the growing demand for innovative equipment for electric utilities, as well as creating jobs and bolstering the prestige of the Russian engineering profession.”

Boris Kovalchuk, CEO of Inter RAO UES, said: “We are starting to manufacture new electric utilities equipment which has a tremendous potential for becoming highly-sought after in the process of upgrading and developing Russian power generation plants. It is especially important that the manufacture of 6FA turbines relies to a great extent on localized advanced power engineering technologies. This way, our Russian Gas Turbines LLC joint venture will help to improve Russia’s energy security.”

The UEC includes over 85% of leading enterprises, which specialize in the development, serial production and maintenance of gas turbine equipment, as well as key enterprises – industry selectors.

GE has been presented in Russia from the beginning of XX century, when the company used to take part in the GOELRO plan, and supplied the first diesel locomotives and oil and gas equipment for the country. Today GE represents all of its business units in Russia, which operate in such areas as health care, transport, aviation, power engineering, oil and gas, water treatment and lighting equipment.

Inter RAO Group is a diversified energy holding company serving various segments of the Russian and international electric power industry. The Company holds leadership in Russia in the field of electricity export and import and is actively stepping up its presence in electricity generation, sales and developing new business streams.

Source:  Rostec