Market Chatter: B.Grimm Signs Two Agreements with GE Vernova for Gas Turbine Supply
US-based GE Vernova has entered into two agreements with Thailand's B.Grimm Power (SET:BGRIM) to work on power generation and energy infrastructure projects in Southeast Asia, Reuters reported on Tuesday, citing a company statement.Under the first pact, GE Vernova will supply a gas turbine and associated generator for B.Grimm Power's gas-fired power plant project in Malaysia, which is expected to be commercially operational in the fourth quarter of 2029.The two companies have also signed a 14-year services agreement covering five LM6000 gas turbine packages at B.Grimm Power's Bangkadi 1 and 2 power plants in Thailand for long-term operations.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
