# Siemens and SPIC plan binding contract for gas turbine cooperation

Siemens is working to convert a preliminary agreement with China's State Power Investment Corporation (SPIC) into a binding contract within one or two months to develop a new generation of large gas turbines.

- Type: Partnership
- Announced: 2019-02-01
- Where: China
- Status: announced
- Products: large gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [State Power Investment Corporation](https://endata.com/companies/19655.md) (partner)

## Sources

- [industriemagazin.at](https://industriemagazin.at/artikel/gasturbinen-siemens-hofft-auf-schnelle-kooperation-mit-chinesen/), 2019-02-01: "Wir tun gut daran, am Potenzial des chinesischen Marktes zu partizipieren."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.