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Alstom Projects India bags euro 8 mn contract

New Delhi, Aug 30 (IANS) Alstom Projects India Ltd (APIL), a subsidiary of global hydropower equipment major Alstom, has bagged a euro 8 million (Rs.440 million) contract for the supply and erection of hydro-mechanical equipment for Nam Ngum 2 Hydropower project in Lao.

Wednesday, August 30, 2006 | 9:09:35 PM IST (+05:30 GMT)
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New Delhi, Aug 30 (IANS) Alstom Projects India Ltd (APIL), a subsidiary of global hydropower equipment major Alstom, has bagged a euro 8 million (Rs.440 million) contract for the supply and erection of hydro-mechanical equipment for Nam Ngum 2 Hydropower project in Lao.

The contract was signed in Vientiane, capital of the Southeast Asian country Lao, with Ch. Karnchang (Lao) Company Limited, an EPC contractor and subsidiary of Ch. Karnchang Public Company limited, one of the biggest construction companies in Thailand, APIL said in a statement Wednesday.

APIL has to complete the project from design up to site completion in 43 months.

The Nam Ngum project, funded by a number of commercial banks led by Krung Thai Bank of Thailand, is located on Nam Ngum River in the southeastern part of Lao.

The end customer for the project is South East Asia Energy Ltd, while Elektrowatt-Ekono is the independent engineer for the project.

This is the second export order won by APIL for hydro mechanical equipment, the first being Gurara project in Nigeria.

Providing turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, gas and coal, the Alstom Group with presence in 70 countries had orders worth euro 13.4 billion in 2005-06.

In India, Alstom companies have together a turnover of about Rs.9.4 billion.

APIL's unit in Vadodara, Gujarat, serves as one of its full capability major global hubs for hydro business.

Copyright : Indo-Asian News Service
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