# Power Machines signs contracts for gas turbine production equipment

Power Machines (PAO Silovye Mashiny) signed all contracts for supply of main technological equipment for its gas turbine production project, with total investment exceeding 4 billion rubles. Equipment delivery and commissioning will occur in 2020.

- Type: Investment
- Announced: 2020-02-28
- Where: Saint Petersburg, Russia, Russia
- Value: $54.0M (4.00B RUB)
- Starts operating: 2020
- Status: announced
- Products: gas turbines GTE-65 and GTE-170
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Power Machines](https://endata.com/companies/15083.md)

## Sources

- [kommersant.ru](https://www.kommersant.ru/doc/4274068), 2020-02-28: "Поставка и ввод нового оборудования в эксплуатацию состоятся в течение 2020 года."
- [armtorg.ru](https://armtorg.ru/news/30707/), 2020-03-02: "Общий объем инвестиций в реализацию программы превышает 4 млрд руб."

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