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Ratnagiri power company to sign agreement with General Electric

DHAVAL KULI{ARNI MUMBAI, APRIL 20 THE Ratnagiri Gas and Power Private Limited (RGPPL) is finally close to inking a comprehensive service agreement (CSA) with General Electric (GE), wherein the US-based company is said to have agreed to bear 50 per cent of the costs incase of a compressor failure in the machines and also consented to reduce prices of spares by over 37 per cent.