# InterRAO to invest $580M in GE gas turbine JV

Russian state energy holding InterRAO plans to invest up to 45 billion roubles ($580 million) in its gas turbines joint venture with General Electric. The JV will produce gas turbines with 79-87 MW and 181-210 MW capacity, with at least 90% local content, by 2025-2026.

- Type: Investment
- Announced: 2020-09-30
- Where: Russia
- Value: $580.0M (45.0B RUB)
- Starts operating: 2025
- Status: announced
- Capacity: 79-87 MW and 181-210 MW gas turbines
- Products: gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [InterRAO](https://endata.com/companies/50267.md)
- [General Electric](https://endata.com/companies/1262.md) (partner)

## Sources

- [financialpost.com](https://financialpost.com/pmn/business-pmn/russian-energy-group-interrao-to-invest-580-mln-in-ge-gas-turbine-jv), 2020-09-30: "InterRAO plans to invest between 40 billion and 45 billion roubles to launch production of the gas turbines as part of the joint venture with U.S. group GE."
- [world-energy.org](https://www.world-energy.org/article/12817.html), 2020-10-01: "Russian energy holding company InterRAO reportedly plans to invest $580m (RUR45bn) in a gas turbine joint venture with General Electric."

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