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GE Power consortium bags order worth $98.4 million

24 Dec 2018 Evaluate

The consortium of GE Power India, GE Hydro France, GE Renewable Malaysia Sdn. Bhd. and Sinohydro Corporation (M) Sdn. Bhd. has been awarded the order for the Main Electrical and Mechanical Works for the 1,285 MW Baleh Hydroelectric Project in Sarawak, Malaysia by SEB Power Sdn. Bhd, for a total value of approximately MYR 595 million and $159 Million.

The value of the order for the company is approximately $98.4 million. The company shall be the leader of the consortium and will be responsible for the design, manufacture and supply of the main electro-mechanical equipment involving five 257MW Francis turbines as well as part of the balance of plant equipment for the Baleh Hydroelectric Project.

GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.

GE Power India Share Price

505.25 -0.40 (-0.08%)
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