GE Wins EPC of the Year Award for Malakoff Corporation's 1,000-Megawatt Tanjung Bin Energy Power Plant

Sep 22, 2016

SEOUL, KOREA-September 22, 2016-At the Asian Power Awards 2016 ceremony held last night, GE (NYSE: GE) received the EPC of the Year - Gold Award for its pivotal role as the main contractor and leader of the consortium for the engineering, procurement, construction and commissioning (EPC) of Malakoff Corporation’s (Malakoff) Tanjung Bin Energy Power Plant. The Tanjung Bin Energy Power Plant, located in the southern part of the Malaysian Peninsula near the city of Johor Bahr, also won the Coal Project of the Year - Gold Award. The ceremony was held as part of the POWER-GEN Asia conference, which is taking place this week in Korea.

“GE’s high efficiency ultra-supercritical steam technology used in Tanjung Bin 4 will allow Malakoff to offer affordable electricity with a low environmental footprint and provide enough energy to power 2 million people,” said Andreas Lusch, CEO, GE’s Steam Power Systems. “We are honored to receive the EPC of the Year - Gold Award from Asian Power for our excellent and state-of-the-art project execution capabilities for this important project."

In March, GE announced that as part of a contract worth over €1 billion, Malakoff’s 1,000-megawatt Tanjung Bin Energy Power Plant entered commercial operation on schedule. GE’s Steam Power Systems, together with its consortium partners Mudajaya and Shin Eversendai, executed the EPC agreement for the plant, and the ultra-supercritical, coal-fired power plant, which commenced construction in March 2012, was completed on schedule in four years.

GE was the leader of the consortium, engineered and supplied key equipment and was responsible for the overall integration, project management and commissioning of the plant. The plant operates on GE’s most modern steam turbine and generator technology, its ultra-supercritical boiler and GE’s proprietary environmental control systems. The emissions at the plant are significantly reduced through the use of low NOx burners, a highly efficient seawater flue gas desulphurization facility and fabric filters to lower nitrous oxide, sulphur oxide and dust emissions.

GE’s Steam Power Systems has more than a century in steam expertise and has installed 320 gigawatts of power across the globe with all fuels available-from coal to nuclear energy to biomass. To respond to the continuous and increasing energy demand, GE’s Steam Power Systems offers a wide portfolio from component to full turnkey power plants and stands by its partners with full services activities to maintain the equipment.

 About GE

GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

About GE Power

GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world’s largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

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Jessica Giansanti
GE’s Steam Power Systems
+41 585059796