TODAY

Nay Pyi Taw, 13^th November, 2014 – GE and Myanma Electric Power Enterprise (MEPE) have agreed on the forming of new commitment to help in repowering and upgrading existing gas turbines in Myanmar.  Following a proposal made during GE Chairman and CEO, Jeffrey Immelt’s recent visit to Myanmar, this new initiative will result in approximately 30 megawatts (MW) of additional power for Myanmar, which is needed to help the country continue on its rapid development path, and this upgraded equipment will result in a large increase in overall efficiency, delivering more power with the same amount of fuel.  GE will work towards finalizing agreements to repower and upgrade the existing fleet of GE gas turbines in the country over an approximate six month period. Under the proposed agreement, GE would invest to facilitate this project together with MEPE.

Following the completion of the Myanmar Master Electricity Planning Study and training which GE initiated and has supported since last year, GE and MEPE have jointly agreed to conduct an assessment of power plants to identify possible upgrade opportunities with a view to increasing the power output, availability, reliability and heat rate. The repowering solutions will greatly enhance the power output of these gas turbines and deliver a significant reduction in the gas fuel consumption resulting in greater benefits for MEPE. “This investment underscores GE’s commitment to partner with the government of Myanmar to help expand the much needed supply of reliable electric power in the country,” said Mr. Stu Dean, CEO of GE ASEAN.

“GE had made a good effort in powering up of Myanmar in the past 19 months. I look forward to continuing to work with GE on these power plants repowering project to get Myanmar up and running with the electricity plan,” said U Htein Lwin – Managing Director of MEPE. This new commitment will allow MEPE to modernize and uprate their installed fleet of turbines to run at greater efficiency which allow for the following improvements:

– Performance improvements in output and efficiency (less gas consumption)

Upgrades will take advantage of GE’s underlying design philosophy which allows for interchangeability of components in earlier vintage units. Installing the latest technology to upgrade existing units will greatly enhance their efficiency, and significantly reduce costs for operators.