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Siemens To Invest Euro 66 Million For Gas Turbines Near Berlin (14-Dec-2011)

Indian-Commodity  :  Investment  :  Siemens To Invest Euro 66 Million For Gas Turbines Near Berlin
Siemens To Invest Euro 66 Million For Gas Turbines Near Berlin
In a bid to build a combustion test centre for gas turbines near Berlin, Siemens is investing Euro 66 million. The projected test center will begin operation in 2014. It will have three cells for investigating combustion processes of burners under real-life operating conditions.

Further, the company has said that center of competence in Berlin Moabit and a recently commissioned production facility in Charlotte, North Carolina, form the basis of the global manufacturing, sales and service network for Siemens gas turbines.

The importance of the Berlin site is reflected by Siemens' decision to invest more than Euro 70 million there in three major modernization programmes. The company has renovated its test facility in Berlin-Moabit, in which fully assembled gas turbines are tested under actual power plant conditions.

The company has installed a new drilling station for gas turbine casing parts and also established a new production shop for gas turbine blades. In fiscal 2011, Siemens' environmental portfolio totaled revenue of about Euro 30 billion.
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