Key Developments: Alstom SA (ALSO.PA)

ALSO.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Alstom wins in consortium contract for signaling of Spain's high speed line
9:39am EDT 

Alstom SA:Wins as leader of consortium contract worth 410 million euros from ADIF to supply its ERTMS Level 2 signaling system and maintenance for period of 20 years for Spain's new north-west high speed line.Company's share worth about 220 million euros.Contract covers 310 kilometers of new high speed line from Valladolid to Leon and from Venta de Banos to Burgos.Contract includes project design, procurement, installation, commissioning and maintenance of signaling, fixed telecommunication and Automatic Train Protection systems.Contract includes as well centralized traffic control (CTC), security equipment, mobile GSM-R communications equipment and infrastructure for trains and mobile phone operators.  Full Article

Alstom wins contract for Banharpalli coal power plant
Thursday, 17 Apr 2014 08:00pm EDT 

Alstom SA:Wins contract from Bharat Heavy Electricals Limited (BHEL) worth close to 30 million euros to supply components and services for 2x660 MW Banharpalli Super Thermal Power Project (STPP) located in Jharsaguda, Orissa.Alstom to co-operate with BHEL in designing boilers and supply identified pressure parts of 660 MW supercritical boilers, along with windboxes.Alstom also to assist BHEL with technical advisors during erection and commissioning of units.Key components to be manufactured in Alstom's manufacturing facilities in Concordia (USA), as well as in Durgapur (India).Units I & II expected to be commissioned by 2018.  Full Article

About 400 jobs to be cut in Alstom Transport-Reuters
Monday, 14 Apr 2014 08:00pm EDT 

Alstom SA:Alstom to cut about 400 new jobs in its transport division Alstom Transport, within reorganization of headquarters in Saint-Ouen (Seine-Saint-Denis, France) and factory in Barcelona (Spain) - Reuters.At least 200 jobs to be cut in each site.  Full Article

Alstom SA to provide gas turbines for combined-cycle power plant in Iraq
Monday, 14 Apr 2014 09:58am EDT 

Alstom SA:Wins contract worth about 225 million euros to provide power generation equipment for Al-Anbar gas-fired combined-cycle power plant being built in Anbar province in Iraq.To supply four highly efficient GT26 gas turbines, four Heat Recovery Steam Generators (HRSG`s), two steam turbines and six air-cooled turbogenerators.  Full Article

Alstom announces substation expansion contracts in Peru
Friday, 11 Apr 2014 08:00pm EDT 

Alstom SA:Says Alstom Grid Solutions Group - ACS completed expansion and reconfiguration of two power substations of ISA-REP (Red de Energia del Peru SA), belonging to Interconexion Electrica SA.Contract included implementation of turnkey solutions to expansion of processing capacity of Puno substation and change of the configuration "T" to "PI" in the 138 kV busbar system of SE Ayaviri.Besides the expansion of those substations, Alstom Grid has also won contracts for the expansion of four other substations: Piura, Parinas, Trujillo and Reque.  Full Article

Alstom SA to supply two gas turbines and associated services to Kelar combined-cycle power plant
Tuesday, 8 Apr 2014 08:00pm EDT 

Alstom SA:Says it has been awarded contracts worth over 100 million euros to supply two GT13E2 gas turbines and Long Term Services for the Kelar combined-cycle power plant located in Mejillones, North of Chile.Project will be implemented by Samsung Engineering on an engineering, procurement and construction basis (EPC).Units are expected to be commissioned at end of 2016.  Full Article

Alstom SA in charge of study for tramway in Bogota
Tuesday, 8 Apr 2014 08:00pm EDT 

Alstom SA:To conduct feasibility studies for government of Bogota of tramway to Septima expressway in Bogota.Project is a public-private partnership (PPP), in which Canadian SNC Lavalin also participates, to deliver in March 2015 the studies for structuring, design, construction, operation and maintenance of the tramway.  Full Article

Alstom SA's Alstom Grid acquires Reason
Tuesday, 8 Apr 2014 08:00pm EDT 

Alstom SA:Says Alstom Grid acquired Reason in January.Reason supports development of new products in field of measurement and data communication.  Full Article

Alstom opens Panama City metro
Monday, 7 Apr 2014 08:00pm EDT 

Alstom SA:Announces inauguration of Panama City metro system, part of Alstom Metropolis range.Says it provided on site engineering, installation and integration for entry into service of system, including supply of 57 metro cars and the Communication Based Train Control system.Says it also conducted all tests on system.  Full Article

Alstom signs strategic cooperation agreement with Energy China
Thursday, 3 Apr 2014 08:00pm EDT 

Alstom SA:Signs strategic cooperation agreement (SCA) with China Energy Engineering Group Co., Ltd. (Energy China).Strategic cooperation to form complementary partnership combining Alstom's technology advantage on power generation and Energy China's capability and capacity on execution and delivering engineering, procurement and construction (EPC) projects.Companies to cooperate on supply of power equipment to China and overseas market.  Full Article

Alstom consortium wins 410 mln euro Spain rail signal contract

PARIS, April 23 - A consortium composed of Alstom , Bombardier and Indra has won a rail signaling contract worth 410 million euros ($566 million) to equip Spain's new north-west high speed line, Alstom said on Wednesday.

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