Beijing service deal for Olympics

GE Energy is to provide long-term services for a new power plant that will supply electricity for the Beijing 2008 Olympic Games, as well as heat and power for the city of Beijing in the future.

Under a 10-year contractual services agreement signed with Beijing Taiyanggong Gas-Fired Thermal Power Co. Ltd, GE will provide all parts, repairs and services for two GE Frame 9FA+e gas turbines at the new 750 MW plant.

The agreement also includes risk-sharing mechanisms and performance guarantees to help ensure that the facility provides reliable and cost-effective heat and power to Beijing.

Taiyanggong is owned by Beijing Energy Investment Holding Co. and SP Power Development Co. Ltd.
Wang Yongliang, general manager of the plant commented: 'The Taiyanggong power plant is an integral part of the Beijing infrastructure that has been developed as a clean energy project to supply clean energy and heat for Olympic Games venues during the period of the Beijing Olympic Games.'

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