GE inks $500 mn in power generation deals in Bahrain

DUBAI: General Electric says it has signed over $500 million worth of contracts to supply electricity-generating equipment for what will become the biggest power plant in the island nation of Bahrain.

The deal reflects the Fairfield, Connecticut-based conglomerate's increased focus on the Middle East, which has seen rapid growth in demand for electrical power in recent years.

Under the terms of the deal, GE will provide equipment and long-term service to the Al Dur Independent Water and Power Project, which is slated to eventually produce 1,250 megawatts of power. That equals 30 percent of the country's existing power output.
The contracts cover two steam turbines and four gas turbines.