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Alstom Bags New Hydro Orders

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Alstom Bags New Hydro Orders

New Delhi, Delhi, India

Alstom, today announced that in the span of four weeks, the company has bagged three new orders worth Rs 750 crores for hydro projects at URI Stage-II, CHAMERA Stage-III and CHUZACHEN. The orders for 4 x 60 MW URI Stage-II and 3 x 77 MW CHAMERA Stage-III have been awarded to Alstom by National Hydroelectric Power Corporation, India's leading hydroelectric utility, and the order for 2 x 55 MW CHUZACHEN has been awarded by Gati Infrastructure, a unit of Gati Group.

These orders consolidate Alstom's leadership position in India's Hydro sector. The scope of work includes turnkey execution of Electro-Mechanical lot comprising of hydroturbines, generators and auxiliaries. Alstom Projects India Limited will execute works worth about Rs.600 crores at the hydro unit based in Vadodara .

Speaking on the announcement Mr Frederic Lalanne, Vice Chairman & Managing Director, Alstom Projects India Limited (APIL) said, " While India moves ahead on its growth path, as one of the most dynamic economies of the world, we are committed to provide the best in clean power generation technologies and equipment to our Indian partners and customers . The hydro facility at Vadodara is one of the three large hydro equipment manufacturing hubs in the group along with China and Brazil. This factory is fully geared to meet the needs of domestic and international projects. "

About Alstom Projects India Limited (APIL)

Alstom Projects India Ltd (APIL) is a majority owned subsidiary company of Alstom SA France - the global leader in power generation and rail infrastructure and a true multinational company that nurtures a long-term commitment to India. Alstom Projects India Ltd (APIL) offers a composite range of services related to power generation for utilities and industrial users, transportation systems covering traction, signaling and train control for the railways and energy management for a variety of industries.

In India since 1910, Alstom is one of the oldest foreign companies in the country employing close to 3000 people across New Delhi, Mumbai, Kolkata, Vadodara, Coimbatore, Durgapur, Shahabad and a software technology facility at Bangalore. Alstom Projects India Ltd. has a turnover of Rs 1000 crore and is listed at Bombay Stock Exchange & National Stock Exchange with 33 per cent of its equity with the public.

Komal Das, Director- Corporate Communications , Alstom Projects India Ltd, +91 99100 59313

Kapil Sabharwal, Comma Consulting, +91 98115 59835

Source: ALSTOM (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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