From the White House’s weekly schedule for President Obama, posted by Lynn Sweet of The Chicago Sun-Times:
[The] President will travel to Schenectady, New York to visit the birthplace of General Electric. The site is home to GE’s largest energy division, including steam turbines, generators, wind and solar, and the future home of GE’s advanced battery manufacturing facility. The President will tour the site with GE CEO Jeffrey Immelt and he will make remarks on the importance of growing the economy and making America more competitive by investing in jobs, innovation and clean energy. The GE plant in Schenectady is a direct beneficiary of GE’s power turbine deal with India announced during the President’s trip last November.
The President’s visit was rescheduled from last week after the shootings in Tuscon.
We’re glad to see the White House emphasize corporate involvement in India, the kind of global investment that creates wealth and jobs in the United States. From GE’s news release, Oct. 25, 2010, “GE Wins Largest Gas Turbine Combined-Cycle Order in India“:
SAMALKOT, India–25 October 2010– Reliance Power Ltd. of India has selected GE’s (NYSE: GE) flexible, efficient power generation technology for a 2,400-megawatt expansion of the Samalkot power plant in the state of Andhra Pradesh, India. This will represent the largest gas turbine combined-cycle project in India’s history and will help the country meet its continuing demand for reliable electricity to support its rapidly growing economy.
Under contracts totaling over $750 million, GE will supply six Frame 9FA gas turbines, three D-11 steam turbines, training and long-term services for the project. GE’s 9FA combined-cycle technology is proven in applications worldwide. In a combined-cycle configuration, exhaust gas from a gas turbine-generator is converted to steam, which is used to drive a steam turbine-generator, enabling the plant to produce additional power without an increase in fuel consumption. The new plant is expected to enter simple-cycle (gas turbines only) service in the first half of 2012 and combined-cycle (gas and steam turbines) in the second half of that year.
See also GE, “October Deal Tally in India Tops $1.4 Billion with Turbine Order.”
Commerce Secretary Locke on Friday announced a high-tech trade mission to India for February, with manufacturers a major presence.
Twenty-four U.S. businesses will join Commerce Secretary Gary Locke for a business development mission to India on February 6-11. The businesses joining the trade mission are based in 13 states across the country and more than half of them are small- and medium-sized companies.
The delegation, which also includes senior officials from the Export-Import Bank (EX-IM) and the Trade Development Agency (TDA), will make stops in New Delhi, Mumbai and Bangalore, where Locke will highlight export opportunities for U.S. businesses in the advanced industrial sectors, of civil-nuclear trade, defense and security, civil aviation, and information and communication technologies. Locke accompanied President Obama to India in November, where they witnessed more than $10 billion in business deals between U.S. companies and Indian private sector and government entities, supporting 50,000 American jobs.
“Exports are leading the U.S. economic recovery, spurring future economic growth and creating jobs in America,” Locke said. “The business leaders joining me on this mission see the great potential to sell their goods and services to India, helping drive innovation and create jobs in both countries.”
Secretary Locke met last week with India’s ambassador to the United States, Meera Shankar.
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