# Power Machines plans to produce eight GTE-170 gas turbines annually by 2024-2025

Power Machines plans to achieve production capacity of eight GTE-170 gas turbines per year by late 2024 to early 2025. The company estimates 32 turbines are needed for payback on investments.

- Type: Expansion
- Announced: 2022-06-15
- Where: Leningrad Oblast, Russia
- Value: $85.0M (5.00B RUB)
- Starts operating: 2024
- Status: announced
- Capacity: 8 GTE-170 gas turbines per year
- Products: GTE-170 gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

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

## Sources

- [tass.com](https://tass.com/economy/1465521), 2022-06-15: "We intend to achieve the capacity of eight turbines per year by late 2024 - start of 2025."
- [dp.ru](https://www.dp.ru/a/2022/07/25/Silovie_mashini_uvelichat), 2022-07-25: "Мы сейчас создаём мощности на 8 газовых турбин в год, в перспективе — нарастить объёмы до 12 газовых турбин в год."

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