January 28, 2016 - 10:39 PM EST
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Clarke Energy Supplying GE's Diesel Engines to Meet Bangladesh Electronics Factory's Need for More Reliable on-Site Power

DHAKA, BANGLADESH
- -Walton Group, a
Bangladesh
-based multinational electronics, appliances and automotive manufacturer, has selected Clarke Energy to supply three of GE's (NYSE: GE) new high-efficiency 616 diesel engines to generate more reliable on-site power at Walton Group's factory in Gazipur District. The three 2.5-megawatt (MW) engines are the first 616 diesel engines to be deployed in
Bangladesh
. Clarke Energy is GE's authorized multi gas and diesel engine distributor in
Bangladesh
.

The three diesel engines are expected to provide more reliable power to support factory production in the face of local power grid instability. The diesel units also will deliver significant cost savings by both reducing the factory's consumption of diesel fuel due to higher fuel efficiency and also reducing the amount of lubrication oil used. The reduction in fuel consumption also is expected to deliver considerable carbon dioxide savings per year.

Engr. Alamgir Hossen, assistant director, power generation, Walton Hi-Tech Industries Ltd. Stated, "GE's 616 diesel engine offers high efficiency with extended spare parts availability. These factors mean reduced operational costs for our business. Clarke Energy also is globally recognized as offering among the highest standards of life cycle services support. This was the combination Walton Group was seeking."

The Walton Group factory is located 38 kilometers north of the country's capital city of

Dhaka
.

"These new high-efficiency GE diesel units will enable significant fuel efficiency levels and reduce operational costs for Walton Group. In parallel, the project will reduce carbon emissions and support consistent plant operations," said Clarke Energy Managing Director Deodatta Bhishikar.

"We are excited to work with our authorized distributor Clarke Energy to provide Walton Group with our first 616 diesel engines to be installed in

Bangladesh
as part of our growing portfolio of diesel engine and multi fuel gas solutions that can help industries in
Bangladesh
improve their energy reliability to boost production capacity," said Leon van Vuuren, general manager for GE's Distributed Power business in
Bangladesh
.

With Clarke Energy providing excellent local project development and life cycle services in

Bangladesh
, GE continues to rapidly expand its diesel and natural gas engine technology offerings, providing industrial operators needing electricity on or off the grid with reliable, efficient power generated by engines that can run on diesel or a wide variety of fuels, from natural gas and biogas to coal seam gas.

Two of the 616 diesel engines are currently on-site and the third is scheduled to be delivered in March 2016 and will be commissioned in April 2016.

About Clarke Energy

Clarke Energy is a leader in the engineering design, installation and long-term maintenance of gas engine-based power plants. The company is the authorised distributor and service provider for GE's Jenbacher gas engines in 17 countries. Clarke Energy employs over 1,000 staff and has over 4,800 MW of Jenbacher generation equipment installed in its operational areas. www.clarke-energy.com

Follow Clarke Energy on Twitter @ClarkeEnergy and on LinkedIn or Facebook.

About GE's Distributed Power Business

GE Power's Distributed Power business is a leading provider of engines, power equipment and services focused on generating power at or near the point of use. Distributed Power offers a diverse product portfolio that includes highly efficient, fuel-flexible, industrial gas engines generating 100 kW to 10 MW of power for numerous industries globally. In addition, the business provides life cycle support for more than 35,000 gas engines worldwide to help you meet your business challenges and success metrics- anywhere and anytime. Backed by our authorized service providers in more than 170 countries, GE's global service network connects with you locally for rapid response to your service needs. GE's Distributed Power business is headquartered in Jenbach,

Austria
.

About GE

GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com

About GE Power

GE Power is a world leader in power generation with deep domain expertise to help customers deliver electricity from a wide spectrum of fuel sources. We are transforming the electricity industry with the digital power plant, the world's largest and most efficient gas turbine, full balance of plant, upgrade and service solutions as well as our data-leveraging software. Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

For more information, visit the company's website at www.gepower.com.

.

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Source: Equities.com News (January 28, 2016 - 10:39 PM EST)

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