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GE Vernova Receives Order For Upgrades And Services At Power Plants In Egypt
(MENAFN- Mid-East Info)
This project is expected to be executed over three years and aligns with Egypt's broader efforts to modernize power generation infrastructure, support energy security, and improve efficiency in electricity generation. “This modernization highlights the potential benefits that Advanced Gas Path technology can bring to F-class gas turbine units in Egypt,” said Eng. Mohamed El-Abd, Chairman of MDEPC.“The upgrades are expected to increase the output of each gas turbine while improving efficiency by approximately 2 percent. These improvements are expected to enable additional power generation with more efficient fuel use and may help reduce carbon emissions per megawatt hour.” “Across many power systems, improving the efficiency, availability, and operational performance of the existing generation fleet can play an important role in supporting electricity demand and broader power system objectives,” said Joseph Anis, President & CEO, Europe, Middle East & Africa, GE Vernova's Gas Power business.“Upgrades such as Advanced Gas Path technology can help operators improve output, extend maintenance intervals, and enhance efficiency, while supporting more reliable power generation. We are pleased to support MDEPC in its efforts to modernize these assets and help meet Egypt's evolving power generation needs.” For more than 50 years, GE Vernova's businesses have supported Egypt's electricity infrastructure through technologies and solutions, local talent development, and financing for projects across the power sector. The company continues to support customers in Egypt across power generation, transmission, software, and services, and its installed base in the country includes more than 60 gas and steam turbines, with a combined generating capacity of approximately 10 gigawatts. *Decarbonization as used in this article is intended to mean the reduction of carbon emissions on a kilogram per megawatt hour basis. Forward Looking Statements: This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address IHI and GE Vernova's expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as“expect,”“anticipate,”“intend,”“plan,”“believe,”“seek,”“see,”“will,”“would,”“estimate,”“forecast,”“target,”“preliminary,” or“range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the companies' business operations, financial results and financial position and on the global supply chain and world economy. About GE Vernova: GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world's challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 85,000 employees across 100+ countries around the world. Supported by the Company's purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.
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Advanced Gas Path upgrades at Bahna are expected to help increase output and improve efficiency
Long-term services agreements for Bahna and Nubaria are expected to support reliable and efficient power generation
Project aligns with Egypt's power infrastructure modernization and energy efficiency goals
This project is expected to be executed over three years and aligns with Egypt's broader efforts to modernize power generation infrastructure, support energy security, and improve efficiency in electricity generation. “This modernization highlights the potential benefits that Advanced Gas Path technology can bring to F-class gas turbine units in Egypt,” said Eng. Mohamed El-Abd, Chairman of MDEPC.“The upgrades are expected to increase the output of each gas turbine while improving efficiency by approximately 2 percent. These improvements are expected to enable additional power generation with more efficient fuel use and may help reduce carbon emissions per megawatt hour.” “Across many power systems, improving the efficiency, availability, and operational performance of the existing generation fleet can play an important role in supporting electricity demand and broader power system objectives,” said Joseph Anis, President & CEO, Europe, Middle East & Africa, GE Vernova's Gas Power business.“Upgrades such as Advanced Gas Path technology can help operators improve output, extend maintenance intervals, and enhance efficiency, while supporting more reliable power generation. We are pleased to support MDEPC in its efforts to modernize these assets and help meet Egypt's evolving power generation needs.” For more than 50 years, GE Vernova's businesses have supported Egypt's electricity infrastructure through technologies and solutions, local talent development, and financing for projects across the power sector. The company continues to support customers in Egypt across power generation, transmission, software, and services, and its installed base in the country includes more than 60 gas and steam turbines, with a combined generating capacity of approximately 10 gigawatts. *Decarbonization as used in this article is intended to mean the reduction of carbon emissions on a kilogram per megawatt hour basis. Forward Looking Statements: This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address IHI and GE Vernova's expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as“expect,”“anticipate,”“intend,”“plan,”“believe,”“seek,”“see,”“will,”“would,”“estimate,”“forecast,”“target,”“preliminary,” or“range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the companies' business operations, financial results and financial position and on the global supply chain and world economy. About GE Vernova: GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world's challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 85,000 employees across 100+ countries around the world. Supported by the Company's purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.
GE Vernova's Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and power plant technologies and services with the industry's largest installed base.
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