A new equation for the dissipation rate of turbulent kinetic energy is derived exactly in conservative form for a Generalized Newtonian Fluid (GNF). The transport equations for mass, momentum, and turbulent kinetic energy are written along to the transport equation for the shear rate. A new transport equation for the apparent viscosity is derived assuming the viscosity as dependent only on the shear rate. The assumption is of incompressible two-dimensional GNF flow.