Alstom s drop shipping ells EUR 160 mln worth of power generators to CTGPC

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Alstom s drop shipping ells EUR 160 mln worth of power generators to CTGPC
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Alstom sells EUR 160 mln worth of power generators to CTGPCPublished: 20 Apr 2009 21:33:53 PST

Apr. 21, 2009 (China Knowledge) – Alstom SA, a France-based conglomerate with operations in the power generation and transport markets, announced on Monday it has signed a contract worth EUR 160 million with China Three Gorges Project Corporation (CTGPC), a state-owned hydropower enterprise.

According to the contract, Alstom will provide four hydroelectric generating sets with a combined installed capacity of 6,400 MW to CTGPC’s Xiangjiaba hydro power project.

The first hydroelectric generating set will officially start operations in October 2012, and the entire project will be in business operation by the end of 2013.

Xiangjiaba hydropower project, with a total investment of RMB 28.9 billion, will be the fourth largest dam in China upon completion of the construction.

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