ABB receives US$ 170 million modernization and maintenance order for U.S. power plant

Upgraded gas turbines will significantly improve efficiency of large power plant

Zurich, Switzerland, January 26, 1998 - ABB, the international electrical engineering company, has been awarded a contract for the modernization and maintenance of a gas-fired combined-cycle power plant in Midland, Michigan, USA. The total orders are valued at about US$ 170 million and were placed by Midland Cogeneration Venture Limited Partnership (MCV).

Under the terms of the contract, ABB will modernize eleven gas turbines and provide continuous maintenance services and parts for the upgraded equipment. The Midland plant is North America’s largest cogeneration power generation facility, producing both power and heat, with a power output of 1370 megawatts and additional substantial heat production. The modernization is part of MCV’s program to continually improve its plant efficiency and performance.
ABB’s Power Generation Segment employs more than 43,000 people worldwide with orders in 1996 of US$ 10 billion. The ABB Group employs approximately 216,000 people with orders in 1996 of
US$ 36 billion. (End)

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