National air-carrier, Air India, and GE Aviation, will together invest USD 90-million to set

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up a maintenance, repair and overhaul (MRO) facility to cater to GE Aviation's GEnx-1B engines.

GE Aviation will invest USD 20-million while the balance will be pumped in by Air India.

Both GE Aviation and Air India today inked an agreement here, under which Air India will be licensed to perform maintenance, repair and overhaul (MRO) work on the GEnx-1B engine.

The GEnx engine will power Boeing 787 aircraft. AirIndia has 27 GEnx-1B powered 787 aircraft on order.

"Air India envisages a state-of-the-art facility catering to GE 90 and GEnx engines, including a new engine test facility. Our strong collaboration with GE will enhance the visibility of the facility across the globe and will result in India becoming one of the major engine MRO players," Air India's Chairman and Managing Director, Arvind Jadhav, told reporters here.

As a part of the agreement, GE Aviation will provide technical support to Air India as it offers MRO services for the GEnx-1B engine.