Siemens to convert gas turbine MoU with SPIC into binding contract

Siemens CEO Joe Kaeser said work is underway to convert a memorandum of understanding with China's State Power Investment Corporation (SPIC) into a binding contract for heavy-duty gas turbine technology cooperation. The contract could be completed in the next few months.

“We would do well to participate in the potential of the Chinese market.”energy.economictimes.indiatimes.com

• 1 source
• energy.economictimes.indiatimes.comSiemens wants to extend gas turbine tie-up with China's SPIC, ETEnergyworldJan 31, 2019

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