General Electric in Mongolia:
Products and Solutions
Coal Mongolia 2012
February 09, 2012
Tumentsogt (Tumen) Tsevegmid
Chief Representative
GE International Inc.
tumentsogt.tsevegmid@ge.com
Mining
Transportation
Energy
Healthcare
Lighting
GE’s portfolio
Founded by Thomas Edison in 1878
Only company from the original 1896 Dow Jones index still listed today
4 businesses operating in more than 100 countries … 125+ years
Over 300,000 employees worldwide
Revenue $160B (2010)
Assets $ 750 billion
Energy
Infrastructure
• Energy
• Oil & Gas
• Water &
Process
Technologies
Technology
Infrastructure
• Aviation
• Enterprise Solutions
• Healthcare
• Transportation
Note: Excludes C&I segment, Corporate items & eliminations
NBC
Universal
• Cable
• Film
• International
• Network
• Sports &
Olympics
Capital
Finance
• Aviation Financial
Services
• Commercial Finance
• Energy Financial Services
• GE Money
Mongolia… Mega Trends
Mega Trends in Mongolia
•
1. Mongolia’s mining sector driving
economic growth
2. Rapid urbanization driving greater
infrastructure needs
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Supporting Facts
Mining sector accounts 30% of GDP, 91% of
exports and 40% of Government revenues
GDP expected to grow 5-6 x in next 10 years
US $6bn investment signed with Rio Tinto for OT
~45% of total population live in capital
Investments of US$ 9 billion needed to meet
urban housing and infrastructure needs by 2030
Installed MW to double in 10 years to 2000 MW
Construction of 1,100 km out of total 5,684 km of
railways
3. Substantial infrastructure needs
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4. Economic diversification & value-added,
local mfg & svcs will be encouraged
• Sainshand industrial park project
• Mongolian Railway policy encourages domestic
manufacturing & processing, job creation
5. Renewable Energy policies supported
6. Improving Corporate Governance
7. Synergies between China and
Mongolia
• Renewable energy up 10% by 2020 to 200 MW
• Renewable Energy Law of 2007 provides
preferential rates for power from renewable energy
• Mongolian Stock Exchange to adopt LSE platform
• Mongolia is to adopt European Union (EU) standards
for its goods and services
• Mongolian companies successfully launched
overseas IPOs
• Mongolia’s coal, mineral resources, renewable
energy resources to address China’s energy
needs
• Developing Mongolia as a significant energy
exporter will create synergies of scale
Market opportunities in Mongolia
1
Mining
2
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80mm tons of
mining commodities
to be transported in
5-10 years
Substantial Mining
Vertical Sales Opp.
– OHV, motors,
electrics
Assess opportunity
to establish mining
service JV
Mining leasing
opportunity
•
Energy
(PG)
3
Rail
Current installed
capacity to be
doubled in 5 years
(from 800MW to
2200MW in 5 years;
no reserve capacity)
Potential for largescale power
generation for export
(>10GW)
•
Opportunities for gas
turbine, Jenbacher,
I/S, wind, crude oil
and digital energy
•
Smart energy for
residential and
telecom
•
•
Country demand for
200-300 locomotives
in next 5-10 years
Interest from the
Government of
Mongolia to establish
locomotive
assembly/
maintenance JV to
supply next 15 years’
locomotive needs
4
Other
•
Several immediate
hospital equipment
supply opportunities
•
Lighting
infrastructure
opportunities under
discussion
•
Future airplane
leasing opportunity
GE mining
1
Water
Treatment
& Supply
• Reverse
Osmosis
• Hollow Fiber
• EDR/EDI/ED
• Thermal
Evaporative
Systems
• Mobile Water
Systems
• Spiral-Wound
Membranes
• Chemical
Program
Solutions
2
Dust Control
• DusTreat
Wetting
Agents
• DusTreat
Foaming
Agents
• DusTreat
Binders
• DusTreat
Foam Binders
• DusTreat
Crusting
Agents
4
3
5
Power generation
& Distribution Transportation
Motors
• Grinding
• Excavating
• Crushers
• Hoisting
• Fans &
Pumps
• Generators
• Genuine GE
Parts
• Conveyors
• Services
POWER
GENERATIONGE ENERGY
•Steam Turbines
•Aero derivative
Gas Turbines
•Heavy Duty Gas
Turbines
•Jenbacher
•Services
DISTRIBUTION
•Power
Equipment
•Power Protection
•Multilin
•Power Quality
•Motors
•Lighting
•Power Houses
Transportation-Rail
• Locomotives
• Diesel Engines
• Signaling &
Communication
Products
• Traction Motors
• Full service
Program
• On site service
TransportationOHV
• AC & DC
Electric drive
system
• Electric drive
system service
and support
• Armature
Exchange
Program
• Electric Drive
5/
System
GE Update
2/10/2012
Enhancements
7
Condition
6
Monitoring
Inspection
• Project engineering,
design and
& Measurement implementation
• On site Installation
and Project
• Flow
Management
• Pressure
Services
• Temperature
• Machinery
Diagnostic Service
• Gas and
Moisture
• Technical Training
• Validation &
• On site & Remote
Monitoring
Service Contracts
• Ultrasonic
• Continuous
Inspection
Protection and
Monitoring System
• Remote Visual
Inspection
• Distributed and
Scanning Systems
• Radiography
• Wireless & Portable
• Eddy Current
Condition
• Services
Monitoring
• Testing
• System 1r
Machines
Condition
Monitoring
• Sensors and
Transducer
Systems
• Asset Condition
Monitoring Systems
9
8
Environmental
Technologies
Automation
• Process
solution
• Controller
and I/O
• HMI/SCAD
A
• Intelligent
Manufacturi
ng
• Service
• Lean Six
Sigma
• ThermoPleat
Filter Elements
• BHA-TEX
ePTFE
Membrane
• Horizontal
Dust Controller
• Baghouse
Engineered
Services
• SQ-300i
Precipitator
Voltage
Control
• Precipitator
Engineered
Systems
10
Financing
• Equipment
Finance
• Commercial
Real Estate
Financing
• Working capital
• Fleet financing,
insurance,
maintenance
and
management
• Technology
financing,
management
and control
6/
GE Update
2/10/2012
GE rail
GE rail
•Mongolia operates one
EVO, 2 Dash-7, and 14
GE Modernized TE10
locomotives today;
•Country demand for 200300 locomotives in next 510 years;
•Interest from the
Government of Mongolia
to establish locomotive
assembly/maintenance JV
to supply locomotive
demand.
2ZAGAL
locos
2005
(M62M)
Ìîäåðíèçèðîâàíû òåïëîâîçû
2ÇÀÃÀË-006,007,расходы
ñîñòàâèëи 2.7 ìëðä.òóãðèêîâ
Modernized 2ÒÝ10Ì
2008
(TE10)
Investing in global locomotive products
China EVO
9 300 units/kits
PowerHaul Lt-Wt
9 Freightliner launch
Order (30 units)
9 Jenbacher J616 / EU IIIa
9 GEVO16…Highest HP
9 Delivery June 2009
Kazakhstan/CIS EVO
9 310 units/kits
9 GEVO12 / 4400 GHP
Under Development
PowerHaul Mid-Wt
Heavy Haul EVO
9 10 locos for Vale
9 GEVO 12 & 16
C4 Evolution
9 25 unit launch at
BNSF
9 Begin delivery in
1H09
South
Africa
• 100 locos + additional
Rail control
RailEdge
Global Rail Operations…Office systems
~200 employees
Global Signaling…..Onboard, interlocking, wayside, train control, inspection
~1000 employees
GE Water
GE Water & Process Technologies Overview
service
process
chemical
RO
EDI
EDR
Water
chemical
UF
project
membrane
Home spring
Mobile water
monitoring
The biggest water treatment platform in the world
1999
Glegg
2002
Betz
2003
Osmonics
2005
Ionics
2006
Zenon
Chemical & Monitoring Solutions
Service delivery and relationship continuity are key…
people are the differentiator - technology is the enabler
Water Services
Chemical Process
Analytical and Monitoring
Solutions
Industrial Process
Engineered Systems
Advanced technology leader focused on
difficult to treat water and wastewater/reuse
UF/MBR/ABMet
Capitalizing on wastewater reuse
RO/ED
Funding leapfrog technologies & standardization
Thermal/ZLD
Differentiating through integrated solutions
Mobile/BOO
Geographic expansion & focus on industrial BOO
Filters & Membranes
Core technology leadership
GE Dust Control Product Range
• Wetting Agents - Improve the Effectiveness of Water
as a Dust Suppressant
• Foaming Agents - Improve the Distribution of Water
and/or Reduce Moisture Addition
• Sprayed Binding Agents - Provide Long-Term Dust
Control
• Crusting Agents - Seal and Waterproof Long-Term
Storage Piles
Dust Control
Material Handling
Untreated
Reduce employee and equipment exposure to airborne dust.
Treated
Dust Control
Road Dust
Untreated
Treated
Minimizes need for water trucks and graders allowing them to be used
where they’re needed.
GE Capital
GE Capital
Commercial
Lending &
Leasing
Energy
Financial
Services
Commercial
Aviation
Services
Middle market
lending &
leasing
Financing for
energy & water
industries
’08 revenue
$26.7B
’08 revenue
$3.7B
Consumer
Real Estate
Commercial
aircraft leasing
& financing
Consumer &
retail financing
Debt & equity
financing for
commercial
real estate
’08 revenue
$4.9B
’08 revenue
$25.0B
’08 revenue
$6.6B
Deep domain expertise & strong risk management
GE Energy Financial Services
Singapore HQ
for SE & E Asia
Investment Size
$20MM - $125 MM
25+ Years
Experience
in Energy Finance
Global equity
investor and lender
for the
energy and
water industries.
US$20 Bn.
Assets
22 GW Portfolio
Greenfield &
Operating
Assets
Expertise in
Renewable
Energy
GE Industrial
Solutions
We are a part of GE Energy
Employees: 66,000 • ‘09 revenue: $37B • Operating in 140
countries
Power & Water
Energy Services
Oil & Gas
• Power generation
• Industrial Solutions
• Renewable energy
• Power Generation Services
• Drilling/production for … land,
offshore, subsea
• Gas engines
• Digital Energy
• LNG and pipelines
• Nuclear
• Measurement & Control
Solutions
• Refining/petrochemical
• Environmental Services
• Complete lifecycle services
• Gasification
• Water treatment and
process chemicals
• Industrial power gen
Our Global Portfolio
Electrical Distribution
& Motor Control
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Molded Case Breakers
Air Circuit Breakers
Transformers
Motor Control Centers
LV / MV Switchgear
Switchboard
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Submetering
Trip Unit Systems
Intelligent Switchgear
Drives
Motor Starters
Switches & Indicators
Motors &
Generators
• AC & DC Motors up to 100,000
HP
• Energy Saving AC Motors
• Severe Duty AC Motors
• Explosion Proof AC Motors
• Pump & Compressor Motors
• Generators up to 75MVA
Industrial Services
& Power Utilization
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Power Delivery Services
Arc Flash Studies
Motor & Generator Repair
Hydro Repair & Services
Drive System Services
Turnkey Project Management
Product We offer
Wave Cast
Dry Type
Transformer
SecoCube 40.5kV
Cubic gas
insulated
switchgear
SecoGear
P/V-12 12kV
Metal-Clad switchgear
P/V-24 24kV
Metal-Clad switchgear
SecoVac series
12~40.5kV
Vacuum Circuit
Breaker
SecoGear
P/V II-12 12kV
Metal-Clad
switchgear
SecoVac series
VB-40.5 40.5kV
Vacuum Circuit
Breaker
SEN Plus
MLS
WavePro LT
Spectra
SecoGear
P/V-40.5 40.5kV
Metal-Clad
switchgear
SecoGear
P/V II7.2~12kV(J.R)
Motor Control
Center
SecoVac series
VB2 Plus
12~24kV
Vacuum Circuit
Breaker
Modula 630K
WavePro LTG
SecoGear
12~40.5kV
Metal-clad
switchgear
SecoRMU 12kV
Gas insulated Ring
Ming Unit
SecoVac series
VB2-12 12kV
Vacuum Circuit
Breaker
Modula Plus
SecoVac series
CR193 7.2~12kV
Vacuum
Contactor
SE Rapid DC
Switchgear
Contactor &
overload relay
Surion Manual
Motor Starter
ASTAT XT
Soft starter
VAT300
Variable
Speed Drive
EntelliGuard G ACB
MPact ACB
Record Plus
MCCB
Record MC
MCCB
MB line
Consumer Unit
Record SL MCCB
Redline Comfort
Function
Gerapid DC
Breaker
DMS
Newcom Group overview
• A diversified investment company focused on long-term investment opportunities in or
around the territory of Mongolia
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Established in 1993, Mongolian-owned, private company
One of handful companies with modern mgmt/governance in Mongolia
Both a developer of new dynamic businesses and portfolio owner of established companies
Half a dozen subsidiaries and invest companies, $200+MM revenue
Total employees: 1,700+
Major subsidiaries highlights
• Largest network infrastructure
offering bandwidth wholesale,
leased line services
• Annual turnover $150MM
• 2,500km fiber optic in
Ulaanbaatar
• Over 1MM subscribers (37%
of population)
• 56% share (3x more than next
biggest competitor)
• Supporting businesses
include Mobinet, Mobifinance
and Newtel
Source: Newcom Group Presentation
• Domestic aviation service
provider
• Revenue $15.6MM; EBITDA
margin 10% (’09)
• 4 SAAB 340B; 180 employees
• 75% of domestic civil aviation
• Mining sector to drive air
transport demand
–30% growth in charter
flights for 5 years
• Projected revenue $86MM in
5 years, 23% EBITDA margin
• Salkhit Wind Park
–1st IPP and wind generator
–50MW capacity
–Annual energy production
of 122,000MWh
–Operational in 2012
–PPA 23 years, at 9.5
cents/kWh (National Grid)
–Total project cost $80MM
• Newcom also plans to build
300MW+ wind park in South
Gobi region