Algeria: GE completes on massive turbine supply contract


Issue 262 - 02 Oct 2013 | 1 minute read

Seven months after GE submitted the winning bid for the supply of 8,400MW of gas turbines and other equipment to Sonelgaz subsidiary Société Algérienne de Production de l’Electricité (SPE), it has finally secured the contract. The complex deal, which includes a commitment to build factories to manufacture turbines and other equipment, was hailed by the utility as introducing “a new era of co-operation”. It cements GE’s dominant position in the Algerian power market, and demonstrates that, in this sector at least, the pressure from corruption investigations is not preventing all decision-making.

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