GAMA and GE consortium open 800 MW power plant in Russian Federation.

The 800 MW capacity combined cycle power plant, in the Surgut province of Russia, has been completed by the GAMA and GE consortium and put into operation.

The facility, which has been constructed on basis of turnkey agreement signed in October 2007 with an approximate contract value of 600 million Euros, is of great importance as it will satisfy the energy need of the Mansisky region significantly; and also because it is the second investment of e.on group in Russia and, after the 400 MW combined cycle power plant in Shatura put into operation on November 26, 2010, the second EPC (Engineering, Procurement and Construction) completed by GAMA and GE.

In the project, GE completed the procurement of the gas turbine, steam turbine and heat recovery boiler in the main power block and GAMA Power Systems completed the engineering of the power plant, procurement of all equipment besides those part of the main power block, and construction, assembly and other work of the whole facility within the time schedule and at the desired quality.

GAMA Holding with its worldwide experience in the construction of power plants and industrial facilities has been the EPC contractor of power plants with a total capacity of approximately 21,500 MW as of today.

Chairman and Board Member of GAMA Holding Ergil Ersü, said “We are proud to see the Surgut power plant in operation. With these projects, GAMA plays an important role in heavy industry of Russia.” Mr. Ersü also stated that, “GAMA has taken part in the construction of many projects in Russia since the 1990’s. It has recently completed the steel rolling plant project in Vyksa and the construction of a new melting furnace and rolling plant project in the Obninsk region is ongoing.”