Alstom - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
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Alstom SA and Bharat Forge Ltd Joint Venture Wins Contract to Supply Three Turbine Islands for Coal-Fired Power Plants in India
Alstom SA announced that Alstom Bharat Forge Power Ltd (ABFPL), the joint venture company between Alstom Bharat Forge Ltd, has secured in India an order worth over EUR 350 million. ABFPL will supply three units of 660 MW supercritical coal turbine islands to Nabinagar Power Generating Co. Pvt Ltd, a joint venture between NTPC and Bihar State Electricity Board in Nabinagar, located in the state of Bihar. Alstom's share of the contract amounts to around EUR 185 million. ABFPL's scope of work includes engineering, manufacturing, supply, erection and commissioning of three 660 MW supercritical units.
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