To strengthen propulsion systems, Garden Reach Shipbuilders & Engineers Ltd (GRSE) has signed a Memorandum of Understanding (MoU) with GE Power Conversion. GRSE is a leading shipbuilding company in India.
- GRSE has vast experience in building and repairing wide range of commercial and naval vessels for the Indian Navy and other end users
- GE Power Conversion is a pioneer in the field of integrated, full electric and hybrid propulsion systems for commercial and military naval sectors globally.
- With around 1,500 global ship references, GE Power Conversion best understands vessel power, energy, control operational needs and the technological design and know-how to deliver flexible and reliable solutions for Integrated, Full Electric and Hybrid Propulsion Systems.
The prominent deals and contracts by GE are mention below:
March 2021: The engineering, procurement, and construction (EPC)consortium of Posco Engineering & Construction Co. Ltd. (POSCO), Mitsubishi Corporation and PEC Powercon Sdn. Bhd. selected GE to provide power generation equipment for the 1,200 megawatts (MW) Pulau Indah Power Plant, in Selangor, Malaysia.
Nov 2020: GE Healthcare has acquires a Swedish start-up Prismatic Sensors AB, specializing in photon counting detectors, signifying the companys continued investment in photon counting CT technology.
Oct 2020: GE entered into a new contract with Vietnamese state-owned power utility Power Generation Joint Stock Corporation 3 (EVN GENCO 3) to continue to supply parts and services for its Phu My 2.1 and 4 Power Plants.
July 2020: The power plants and power equipment manufacturer GE Power India Limited (GEPIL) a legal entity of GE Steam Power business in India, had been awarded three contracts for a combined value of $112.57 million to supply its best-in-class air quality control systems (AQCS) solutions in the country. GEPIL will supply AQCS to Hindalco Industries Limited , NTPC Limited for their Feroze Gandhi Unchahar Thermal Power Project and UP Rajya Vidyut Utpadan Nigam.
July 2020: Statkraft, Europes largest generator of renewable energy, signed a deal to help further decarbonize the UKs power sector and deliver a new approach to managing the stability of the grid. Statkraft UK will install GEs Rotating Stabiliser technology at its stability project at Keith in the northeast of Scotland.
June 2020: GE Powers US Navys 1st full-electric power and propulsion ship USS Zumwalt. GEs Power Conversion business was the designer and provider for the high-voltage system (HV), propulsion drive trains consisting of multiphase converters and Advanced Induction Motors (AIM) for the DDG 1000 class of futuristic destroyers.
May 2020: GE had signed a definitive agreement to sell its Lighting business to Massachusetts-based Savant Systems, Inc., an industry leader in the professional smart home space. GE Lightings portfolio includes leading home lighting and innovative smart home solutions. GE Lighting will remain headquartered in Cleveland, Ohio, and its more than 700 employees will transfer to Savant upon completion of the transaction.
General Electric Company (GE) headquartered in Boston, Massachusetts, United States, is worlds leading technology and financial services company. The company operates in the following sectors- aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, venture capital and finance.