GE Energy to Upgrade Controls at Largest Heavy Oil-Fired Power Plant in Azerbaijan


Super-critical Power Plant Technology to Help Power Azerbaijan's Growing Economy

SHANGHAI, CHINA - December 11, 2008 : - GE Energy has signed a US$3.7 million contract with China National Electric Equipment Corporation (CNEEC) to supply control and protection systems for the largest heavy-oil-fired super-critical power plant in Azerbaijan, owned by Azerenerji Joint Stock Company. The new plant control system will automatically control all processes in the power plant, using a network to interconnect sensors, controllers, operator terminals and actuators.

The existing Azerenerji super-critical plant will be retrofitted and upgraded by Chinese power engineering firms in an effort to help the growing economy. The project scope includes increasing the power output of eight LMZ K-300 steam turbines from 300 megawatts to 330 megawatts each.

Under the scope of the contract, GE Energy will supply its proven OC 4000(TM) plant automation systems to control the entire power station, including digital hydraulic controls and emergency trip systems for the steam turbines, as well as a distributed control system for control, monitoring and protection of all of the plant's sub-systems. The GE OC 4000 systems will process more than 32,000 field data signals across the installation and will be delivered and commissioned beginning in the third quarter of 2008 through mid-2010.

Compared to the conventional, sub-boiler design, super-critical boilers provide higher efficiency, lower CO2 emissions and improved operational flexibility to power plant operators.

"More and more utilities around the world are choosing super-critical boiler technology for their power plants," said Brian Palmer, vice president - Optimization and Control, GE Energy. We are pleased that CNEEC and Azerenerji have chosen GE's control technology for these advanced, efficient plant designs.

Azerbaijan is an oil and gas rich country with a population of nine million, located at the crossroads of Eastern Europe and Western Asia, bordering the Caspian Sea. In the first quarter of 2007, Azerbaijan's gross domestic product grew 41.7 percent. Oil is the most prominent product of Azerbaijan's economy, with cotton, natural gas and agriculture products contributing vastly to its economic growth sustained over the last five consecutive years. More than $60 billion was invested into the country's oil by major international oil companies in the Azerbaijan International Operating Company consortium, operated by BP plc (formerly British Petroleum).

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 2007 revenue of $22 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. 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.

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:

Lan Jiang

GE Energy

+ 86 21 2403 6622

lan.jiang@ge.com

Gina DeRossi or Howard Masto

Masto Public Relations

+1 518 786 6488

gina.derossi@mastopr.com

howard.masto@ge.com

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