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TMH and GE Established a Diesel Engine Joint Venture
June 17, 2016
Transmashholding President Andrey Bokarev and GE CEO in Russia & CIS Ron Pollett signed an agreement on a joint venture establishment, the Gudok reports. The agreement was signed at the St. Petersburg Economic Forum.
The joint venture called “Penza Diesel Engines” would manufacture and provide maintenance to GEVO locomotive diesel engines. The plant is to be commissioned in 2017 and will be capable to manufacture 250 engines p.a. within the 1600 - 4700 kW range. The engines are supposed to be supplied to both Russian and foreign locomotive manufacturers.