Alstom to Supply Hydroelectric Equipment for the Grand Renaissance Dam in Ethiopia

  Alstom to Supply Hydroelectric Equipment for the Grand Renaissance Dam in
  Ethiopia

                        A contract worth €250 million

Business Wire

LEVALLOIS-PERRET, France -- January 7, 2013

Regulatory News:

Alstom (Paris:ALO) has signed a €250 million contract with Metals &
Engineering Corporation (METEC) to supply turbines and generators for the
hydro power plant of the Grand Renaissance dam, located on the Blue Nile in
Ethiopia. The power plant will be operated by EEPCO.

Alstom will supply and supervise the installation of all electromechanical
equipment for the plant, including eight375 MW turbines and eight generators
for the first phase. The contract also includes engineering and power plant
commissioning. The commissioning will start in late 2013 and take place in
successive steps over a three-year-period. In line with the expectations of
the Ethiopian government, Alstom will oversee a programme to develop skills
and know-how locally in the area of hydroelectricity.

When completed, the Grand Renaissance power plant, with a total output of
6,000 MW, will be the largest hydro project in Africa and a priority for the
Ethiopian government. Once in operation, the power plant will quadruple
Ethiopia’s current electricity production capacity. The country is faced with
rapid increase in electricity demand at an annual rate close to 10%. With an
estimated potential hydropower production of 35,000 MW, Ethiopia aims to
become a key regional player in power generation and the leading supplier of
neighbouring countries.

“This contract strengthens Alstom’s prominent position in the African
hydropower market. With the supply of the first high-capacity turbines in a
short lead time, Alstom demonstrates its ability to meet the country’s power
needs as quickly as possible,” declared Jérome Pécresse, President of Alstom
Renewable Power. “In Ethiopia, Alstom is already supplying wind turbines for
the Ashegoda project and is willing to play a major role in developing
Ethiopia’s energy sector, enabling the country to drastically increase its
power production capacity and develop local skills.”

Alstom has been active in Africa for 80 years and has numerous hydroelectric
projects to its credit across the continent. In particular, Alstom has
supplied Africa’s main hydropower plants in Mozambique, Angola, Ghana, South
Africa, Sudan and more recently in Uganda.

Two additional contracts are currently under execution by Alstom for the
supply of turbines and generators for the new Ithezi-Thezihydro power plant
(120MW) in Zambia, and the retrofit of the Inga 2A hydro power plant (712MW)
in the Democratic Republic of Congo.

About Alstom

Alstom is a global leader in the world of power generation, power transmission
and rail infrastructure and sets the benchmark for innovative and
environmentally friendly technologies. Alstom builds the fastest train and the
highest capacity automated metro in the world, provides turnkey integrated
power plant solutions and associated services for a wide variety of energy
sources, including hydro, nuclear, gas, coal and wind, and it offers a wide
range of solutions for power transmission, with a focus on smart grids. The
Group employs 92,000 people in around 100 countries. It had sales of €20
billion and booked close to €22 billion in orders in 2011/12.

Website www.alstom.com/power/renewables

Contact:

Alstom
Press
Emmanuelle Chatelain, Isabelle Tourancheau
Tel +33 1 41 49 37 38 /39 95
emmanuelle.chatelain@chq.alstom.com
isabelle.tourancheau@chq.alstom.com
or
Stephanie Roux / Jerome Bridon (Alstom Renewable Power)
Tel +33 1 41 49 78 62 /38 78
stephanie.roux@power.alstom.com
jerome.bridon@power.alstom.com
or
Investor Relations
Delphine Brault – Tel +33 1 41 49 26 42
delphine.brault@chq.alstom.com
or
Website www.alstom.com/power/renewables
 
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