GE To Supply Equipment and Services for New, $194 Million Power Plant in Turkey.SCHENECTADY, NY--(BUSINESS WIRE)--Nov. 19, 1999-- GE Power Systems will supply power generation equipment and additional services for the construction of a US$194 million, Build-Operate-Transfer (BOT) power plant that will supply 206 megawatts of electricity for Alapli, in the province of Zonguldak, Turkey. ATAM ATAM Architecture Tradeoff Analysis Method (SEI) ATAM Air-To-Air Missile ATAM Accordion Teachers Association of Massachusetts (Hudson, NH) Elektrik Sanayi ve Ticaret A.S. of Istanbul is sponsoring the project which is being co-developed by ATAM and GE Power Systems. The new natural-gas fired plant is scheduled to begin commercial service in the fourth quarter of 2002. A signing ceremony A signing ceremony is a ceremony in which a bill passed by a legislature is signed (approved) by an executive, thus becoming a law. Modern-day signing ceremonies are derived from ceremonies that occurred when the British monarch gave Royal Assent to acts of Parliament. for the energy sales and gas supply agreements for the project was held today in Istanbul during President Clinton's visit to Turkey, and was attended by Cumhur Ersumer, Turkish Minister of Energy and Natural Resources, and Bill Richardson, U.S. Secretary of Energy. The concession agreement Concession Agreement A right granted by a government to a corporation. It specifies rules under which the company can operate locally. Notes: Some concession agreements might include tax breaks for the corporation, in order to keep them from moving to another jurisdiction. from the Turkish government allowing the project to proceed was signed a year ago. Using environmentally clean natural gas as the fuel and incorporating GE's state-of-the-art 6FA gas turbines with an advanced, Dry Low NOx (nitrous oxide nitrous oxide or nitrogen (I) oxide, chemical compound, N2O, a colorless gas with a sweetish taste and odor. Its density is 1.977 grams per liter at STP. It is soluble in water, alcohol, ether, and other solvents. ) emission control system, the plant will meet or exceed Turkish, US Ex-Im Bank See Export-import Bank. and World Bank emissions standards. The Turkish Ministry of Environment has approved the environmental impact assessment for the project. In addition to being the co-developer and supplying the power generation equipment and technical advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , GE also is the EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). (engineering, procurement and construction  The introduction to this article is vague. To comply with Wikipedia's guidelines, it should be improved. ) contractor, in consortium with Technip of Italy, and will be the long-term services provider. GE Capital Market Services is the financial advisor for the project. "We are encouraged by the determination of the Turkish government to enact necessary legislation to enable independent power projects to move forward in the country," said Del Williamson, president of Global Sales for GE Power Systems. "We appreciate the continued support of U.S. Ambassador Mark Parris and his staff, and are optimistic about finalizing the financing and starting the construction of the first project-financed BOT power project in Turkey in the new millennium." About GE Power Systems GE Power Systems is one of the world's leading suppliers of power generation technology, energy services and energy management systems. The $9.7 billion GE business serves customers through a global network of offices and service centers, and has the largest installed base of power generation equipment in the energy industry. GE provides turnkey equipment, service and management solutions across several industries, including utilities, independent power producers and industrial/commercial customers. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion