• Project is First Installation of GE’s LMS100-PB Aeroderivative Gas Turbines
• 10-Minute Startup is Key Benefit
• Units Feature GE’s Latest Emissions Technology

HOUSTON—November 11, 2013—GE (NYSE: GE) today announced that its two advanced-technology aeroderivative gas turbines that will help power Krasnodar region and also during the peak loads the 2014 Winter Olympic Games in Sochi, Russia, entered commercial operation on November 5. The units are located at Inter RAO’s Dzhubginskaya thermal power plant (TPP), which features the highest efficiency simple-cycle gas turbine available with modular design, advanced protection from natural disasters and the latest environmental technologies. This power plant is an important component of the local energy system, supporting uninterrupted flow of electricity between 110 kV and 220 kV grids to ensure reliable power supply to all regional customers.

In January 2011, GE won the contract from Inter RAO, a leading Russian energy company and long-time customer, to help power Krasnodar region. The power generated at the Dzhubginskaya TPP should be enough to cover more than one quarter of expected peak load during the 2014 Winter Olympics. The two ecomagination qualified aeroderivative gas turbines for this project are the first LMS100-PB units in service globally. Overall, there are 51 LMS100 gas turbines in operation, including 23 in California. The LMS100-PB packages for this project were manufactured in Houston, Texas, and shipped via sea to Europe for overland travel.

A key benefit to GE’s LMS100-PB technology is the ability to start up in less than 10 minutes, about the time it takes to brew a pot of coffee. The units feature GE’s DLE 2.0 Dry Low Emissions technology, which eliminates the need for NO_x water injection to reduce emissions. Fueled by natural gas, the units will generate 180 megawatts (90 megawatts each) of on-demand base load and peak load power for the Olympic venues.

“With the ability to run on a portfolio of flexible fuels, including natural gas, flare gas, mine gas and even landfill gas, GE’s flexible, efficient technology is meeting the needs of a range of distributed power customers from hospitals to the Olympics,” said Darryl Wilson, vice president and chief commercial officer—distributed power for GE Power & Water. “Commercial operation was a key step in this project, and the success of this important milestone is further evidence of our leadership position in the global aeroderivative gas turbine industry.”

Boris Kovalchuk, chief executive of JSC Inter RAO, said, “The launch of Dzhubginskaya TPP is an important milestone of Inter RAO investment program that once again demonstrated that our group is a reliable and dependable partner helping the government to deliver on strategic objectives. New, modern and efficient power generation in Krasnodar region is important for reliable power supply to Olympic venues and for successful development of the territory. I am confident that Dzhubginskaya TPP will be a critical component of Kuban energy system providing uninterrupted supply of electricity during the Olympic Games and many years ahead.”

Ecomagination is GE’s commitment to providing innovative solutions that maximize resources, drive economic performance and help make the world work better.

GE’s aeroderivative gas engine technology is part of the company’s portfolio of innovative distributed power solutions, designed to give businesses and communities around the world the ability to generate more reliable and efficient power using a variety of fuels in diverse locations on or off the grid. GE’s distributed power portfolio also includes Jenbacher and Waukesha gas enginesand Clean Cycle waste heat recovery solutions.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

Follow GE Power & Water on Twitter @GE_PowerWater.

About Inter RAO Group

Inter RAO Group is a diversified energy holding serving various segments of Russian and international electric power industry. Inter RAO is the leading exporter and importer of electricity in Russia actively increasing electricity generation and sales, and developing new lines of business. The corporate strategy of Inter RAO is focused on making the company a global energy enterprise and a key player in the global energy market. Inter RAO Group owns and operates over 33.5 GW of installed power generation capacity.www.interrao.ru