General Electric Power Systems has won a bid to build gas turbines for a power plant programme in China’s 10th Five-Year Plan (2001–2005). Agreements on equipment purchases and technology transfer for the project were signed in Beijing on 6 March, according to China Daily. GE Power Systems, in association with the Harbin Power Equipment Co. Ltd, will supply 13 of the 23 sets of gas turbines needed by the project. The contract is worth USD 900 million. The Japan-based firm Mitsubishi Heavy Industries Ltd won its bid to provide the other ten sets.
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