General Electric has received contracts worth $89m to supply Frame 9F 3-series gas turbines for two new power plants in Bangladesh.
The firm will supply one gas turbine to the Siddirganj Power Plant being built by Spain's Isolux Ingenieria for the Electricity Generation Company of Bangladesh.
The other GE gas turbine will be installed at a new power plant being built in Bibiyana, Bangladesh by Summit Corporation, an independent power producer.
The two plants, once completed, will be capable of producing 675MW of electricity and are expected to help Bangladesh expand its power generation capacity from 8GW to 20GW in the next six to eight years.
GE chairman Jeffery Immelt highlighted the consistent economic growth achieved by Bangladesh in the past few years.
"These two projects are an indication of Bangladesh's accelerated growth that is accentuated by rapid urbanisation; thereby increasing the demand for power."
Isolux chairman Luis Delso said: "The Siddirganj project is a very important step in the government's initiative to increase Bangladesh's supply of reliable and efficient power."
The Siddirganj plant will begin commercial operation in the fourth quarter of 2014, while the Bibiyana plant will enter service in the second quarter of 2015.
Image: Jeffrey Immelt, chairman and chief executive officer of GE. Photo: courtesy of GE.