Sulzer Signs JV Agreement with China Huadian Corp for the Service of Gas Turbines

On March 7, Sulzer signed an agreement to form a joint venture with China Huadian Corporation for the service of gas turbines including field service, component repair, and delivery of new capital parts. The new joint venture will operate under the name of Hua Rui (Jiangsu) Gas Turbine Services Co., Ltd. For Sulzer, this is a unique opportunity to become a major player for rotating equipment service in China's power market.

China Huadian Corporation is the leading developer of gas turbine fleets in China. China Huadian Corporation runs a diversified fleet, including units from different OEMs (original equipment manufacturers) and has been looking for a partner to help to provide fast and flexible service for its gas turbines. Seeking a single-point solution, China Huadian Corporation decided to work with Sulzer-the leading provider of services for rotating equipment-to get all services from a single source.

Sulzer will provide field service, maintenance, and overhaul services for the gas turbines. As a leading specialist in component repair and component manufacturing, Sulzer will also contribute services and its expertise in how to extend the lifetime of the equipment from its competence center in Venlo, Netherlands.