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GE and SPE sign 3 contracts for nearly 9 GW projects (Algeria)

GE has signed three contracts totalling approximately US$2.7bn with SPE, an affiliate of Sonelgaz, Algeria’s national electricity and gas company. GE is to supply gas turbine combined-cycle (CCGT) and aeroderivative gas turbine technology for nine power plants. The addition of nearly 9 GW of electricity will help strengthen Algeria’s power sector to help meet the growing requirements of the country.

The three agreements include six new CCGT power plants that will ultimately increase Algeria’s generating capacity by 70% adding more than 8 GW of electricity; two fast-track projects that add 528 MW of capacity for summer peak demand; and a new simple-cycle power plant to add 370 MW to Algeria’s electricity grid.

For the six new CCGT power plants, GE is supplying the 9F 3-series gas turbines. For the second agreement, GE delivered aeroderivative gas turbines, following the contract signed earlier by a consortium of GE and METKA, with SPE, in October 2012 for nearly US$800m to supply 24 aeroderivative gas turbines and services for two “fast-track” projects in northern Algeria, to produce more than 528 MW of power.

Under the third agreement, GE has received an order for more than US$150m to supply power generation equipment to SPE for the Hassi R’mel simple-cycle gas turbine plant. The new plant will add approximately 370 MW of power for Algeria’s electricity grid.

The nine Sonelgaz power plants are located in northern Algeria and will begin simple-cycle duty in 2015 and combined-cycle operation in 2017.

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