August 20, 2014 3:11 PM ET

Electrical Equipment

Company Overview of Harbin Electric Corporation

Company Overview

Harbin Electric Corporation, a state owned enterprise, designs and manufactures power generation equipment and marine propulsion plants. The company offers sub-critical, supercritical, air-cooled, and nuclear steam turbines. It also provides wind, hydro, thermal, nuclear, and gas power equipment, as well as AC motors. Harbin Electric Corporation was formerly known as Harbin Power Plant Equipment Group Corporation and changed its name in March 2009. The company was founded in 1994 and is based in Harbin, China.

No.39 Sandadongli Road

Xiangfang Dist.

Harbin,  150040

China

Founded in 1994

Phone:

86 45 1821 35717

Fax:

86 45 1821 35700

Key Executives for Harbin Electric Corporation

Vice Chairman and General Manager
Age: 57
Managing Director and Deputy General Manager
Age: 57
Vice President
Age: 56
Vice President
Compensation as of Fiscal Year 2014.

Harbin Electric Corporation Key Developments

General Electric Company and Harbin Electric Corporation to Deliver Advanced Fuel Efficiency for Chinese Natural Gas Power Plant

General Electric Company announced that it will supply three 9FB gas turbines for the 1,378-megawatt (MW) Datang Gaojing combined-cycle cogeneration power plant under construction in Beijing, marking the debut of this technology in China. The new facility will help meet surging electricity demand in the Chinese capital while also meeting the ambitious environmental targets of China's Five-Year Plan. In addition to the 9FB gas turbines, GE will supply related equipment and services to GE business partner and licensing associate Harbin Electric Corporation, which is building the plant for owner and operator China Datang Corporation. The GE 9FB technology will provide over 1.3 GW of power and when combined with Harbin's district heating solution for winter operation, at greater than 59% at ISO conditions. GE expects to ship the equipment starting in October 2012, and the plant will begin commercial operation in stages beginning in October 2013. In addition to increasing the region's electrical capacity, the Datang Gaojing plant supports the Chinese government's strategy to replace and supplement coal-fired plants with cleaner natural gas-fired, gas turbine combined-cycle power plants. Compared to China's existing electrical grid, this plant will release 99% less SO(x), 88% less NO(x) and 49 less CO(2) per unit of electrical output. The electricity generated by the Datang Gaojing plant will help support load management, and the heat recovered from the turbines' exhaust will provide district heating. The GE 9FB gas turbine is the company's advanced 50-Hz air-cooled gas turbine. Along with other well-proven gas turbines in GE's portfolio, it is well suited for use in regions where fuel costs and supplies are critical. Its high operational efficiency allows customers to decrease the net cost of generating electricity, and its flexibility and reliability enable it to be used in a variety of base load and cycling applications.

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