GE Energy Signs New Jenbacher Gas Engine Distributor and Service Agreements in Russia


28 April 2009

Agreements with Intma of Moscow and Vapor of St. Petersburg Help GE Strategy to Support Russian Industrial and Municipal Goals to Diversify Local Power Supplies

MOSCOW, RUSSIA - April 28, 2009 - GE Energy has signed two new Jenbacher gas engine distributor and service agreements with highly regarded energy services companies in Russia as industry and municipalities seek more efficient, reliable, fuel-flexible onsite power solutions. These agreements also will support the country's efforts to modernize its power generation and delivery infrastructure while reducing regional greenhouse gas emissions.

GE announced its new Jenbacher gas engine distributor and service agreements with Intma of Moscow and Vapor of St. Petersburg during Russia Power 2009, the region's leading annual power industry conference. Intma is an engineering services/general contractor for power stations and production automation systems, while Vapor specializes in the engineering of sophisticated combined heat and power (CHP) applications.

"As Russia continues to modernize its power generation and delivery infrastructure, these GE distributor and service agreements for its Jenbacher gas engines are an important step in our localization strategy here," said Ruslan Pakhomov, GE Energy's country executive. "GE is committed to collaborating with local companies such as Intma and Vapor that share the same goal: to deliver to our customers a high level of service in Russia."

Within the scope of the agreement, Intma's sales and service territory covers the Ural region. Intma will focus on expanding the role of GE's Jenbacher gas engines for industrial applications including associated petroleum gas power generation projects for oil producers, coal mine gas power plants, waste-gas systems for the metals industry and GE's natural gas-powered cogeneration/CO2 fertilization systems for the commercial greenhouses.

According to the agreement, Vapor will support customers in Kaliningrad Oblast and the North and North/West regions, in addition to St. Petersburg. Vapor is exploring additional potential opportunities to help the food industry, greenhouse operators and other manufacturers overcome power shortages in specific regions by installing GE's Jenbacher units to provide a highly reliable, onsite supply of heat and electricity. Vapor also is working with industrial and municipal customers to install modern district heating/CHP systems.

In late 2008, Vapor commissioned a three-Jenbacher unit GE cogeneration plant for an industrial company in St. Petersburg.

With the authorized distributors Power Solutions and Max Motors already in place, GE now has four authorized Jenbacher gas engine distributors in Russia.

"GE is very excited to work with Intma and Vapor to help us meet the growing customer demand throughout Russia for customized, turn-key solutions combined with day-to-day support and prompt after-sales service," Pakhomov added.

In March 2009, GE Energy announced the opening of a new engineering sales, service and technology center in Moscow and plans to build a new power technology center in the Kaluga region, about 180 kilometers southwest of Moscow. GE's Kaluga Power Technology Center will initially provide services for GE power generation equipment installed in Russia and the CIS region.

More than 230 of GE's Jenbacher gas engines have already been delivered throughout Russia, in applications ranging from associated petroleum gas solutions to high-efficiency CHP projects.

GE Energy's Jenbacher gas engine business is a leading manufacturer of gas-fueled reciprocating engines, packaged generator sets and cogeneration units for power generation. GE's gas engine technology covers an output range of 0.25 to four MW and can operate on a broad variety of gases while offering high levels of efficiency, durability and reliability.

Numerous GE Energy products are certified under ecomagination, GE's corporate-wide initiative to aggressively bring to market new technologies that will help customers meet pressing environmental challenges. In addition to its various cogeneration applications, GE's Jenbacher biogas, landfill gas and coal mine methane engines previously received ecomagination certification, underscoring the environmental and economic benefits offered from the utilization of generating energy from high methane content waste streams.

About GE Energy

GE Energy (www.ge.com/energy) is one of the world's leading suppliers of power generation and energy delivery technologies, with 2008 revenue of $29.3 billion. Based in Atlanta, Georgia, GE Energy works in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.

About GE

GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide.

For more information, visit the company's Web site at www.ge.com. GE is Imagination at Work.

For more information contact:

Martina Streiter
GE Energy
t: +43 5244 600 2470
e: martina.streiter@ge.com

Kathleen Noonan
t: +420 239 01 5443
m: +420 775 393 871
e: kathleen.noonan@ge.com

Ken Darling
Masto Public Relations
t: +1 518 786 6488
e: kenneth.darling@ge.com

Tom Murnane
Masto Public Relations
t: + 1 518 786 6488
e: tom.murnane@mastopr.com

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