GE Secures Order For Six Gas Turbine Packages; Alliance Airlines Expands Relationship With GE Digital

April 11, 2022 12:14 PM | 1 min read | Make a Comment

General Electric Co GE received an order from Taiwan Power Company (TPC) for six of its advanced LM2500XPRESS gas turbine packages aiming to provide a rapid, highly modular technology. Financial terms were not disclosed.
GE expects to build TPC's 175 megawatts (MW) Tung Hsiao Power Plant Renewal Project gas plant in less than 10 months from the order, with a targeted official dispatch date expected before December 31, 2022.
Separately, GE announced that Alliance Airlines had selected Fuel Insight to focus efforts on saving fuel burn with fast access to flight data.
GE Digital's Fuel Insight is designed to provide fuel-saving dashboards that include real-time data for analysis.
Price Action: GE shares are trading higher by 0.29% at $90.00 on last check Monday.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.