Alstom - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
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Alstom SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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Alstom SA Wins Contract in Saudi Arabia to Supply Steam Turbine Generators for Shuqaiq Power Plant
Alstom SA announced that it has secured another contract in the Kingdom of Saudi Arabia following its selection by lead contractor Hyundai Heavy Industries (HHI)1 to supply 4 x 720 MW steam turbine generator sets for the Shuqaiq project. The contract is valued at approximately EUR 170 million. The Shuqaiq plant is due to enter commercial operation in 2017. The Company's contract includes the engineering, manufacturing, supply and field services for all four steam turbines and generators, and will also include all direct control and auxiliary systems. The 2,650 MW power plant will be located on the Kingdoms western Red Sea coast.
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