GE Wins Major Hydro Service Contract in
Norway
OSLO, Norway--(BUSINESS WIRE)--July 17, 2002--Norway's biggest
power producer, Statkraft SF, has awarded the largest turbine upgrade
contract in the company's history to GE Hydro, a unit of GE Power
Systems, for the refurbishment of five hydropower plants.
The project covers 770 megawatts of capacity and is valued at
US$11.9 million.
This is the most extensive turbine modernization project to date
for the Oslo-based Statkraft, which owns about 30 percent of the