Alstom-Bharat Forge Joint Venture to Supply Three Turbine Islands for Coal-Fired Power Plants in India

  Alstom-Bharat Forge Joint Venture to Supply Three Turbine Islands for
  Coal-Fired Power Plants in India

               A contract worth around €185 million for Alstom

Business Wire

LEVALLOIS-PERRET, France -- February 12, 2013

Regulatory News :

Alstom Bharat Forge Power Ltd. (ABFPL), the joint venture company between
Alstom (Paris:ALO) and Bharat Forge, has secured in India an order worth over
€350 million (Rs. 2,251 crores). 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 €185 million.

ABFPL’s scope of work includes engineering, manufacturing, supply, erection
and commissioning of three 660 MW supercritical units. This order is part of
the NTPC bulk tender for the supply of eleven 660 MW turbine generator
islands. This award follows the €250 million order won by ABFPL in April 2012
for the supply of two 660 MW supercritical units to NTPC Limited’s Solapur
site in Maharashtra, India.

Alstom’s supercritical technology uses steam with very high temperatures and
pressure, resulting in a much higher efficiency (above 40 per cent) than
conventional sub-critical coal fired plants. This means that a supercritical
unit burns much less coal, generating less emission per megawatt of power
output. This meets India’s needs to increase electricity production for their
development whilst limiting CO2 emissions.

“The Solapur and Nabinagar orders confirm our commitment to further expand on
the local steam market in India. Thanks to its strong expertise, technology,
product portfolio, Alstom, together with its JV partner Bharat Forge, is well
positioned to address the power requirements of the fast growing country,”
commented, Andreas Lusch, Senior Vice President of Alstom’s Steam business.

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.

About Alstom in India
Alstom is a global leader in power generation, power transmission and rail
infrastructure. Present in India since 1911, Alstom has strong capabilities in
engineering, manufacturing, project management and supply of products and
solutions for infrastructure. Alstom has four R&D centres in India: Transport
in Bengaluru, Hydro Global Technology Centre in Vadodara and Grid R&D centre
in Hosur & Padappai. It has two engineering centres for Power in Noida and
Kolkata and eleven manufacturing units dedicated to: Power - Hydro in
Vadodara, Boilers in Durgapur, auxiliary components and air-pre heaters in
Shahabad, Steam turbines in Mundra (upcoming), Transport at Coimbatore and
SriCity and Grid in Padappai, Pallavaram, Hosur, Vadodara and Naini.

About Alstom-Bharat Forge Power
Alstom Bharat Forge Power Ltd. is a joint venture between Alstom and Bharat
Forge Ltd, created to participate in the Indian market of turbines islands
(steam turbines and generators, heat exchangers and all associated equipment).
Alstom has a majority stake in this joint venture. This JV company has set the
cornerstone of its new manufacturing facility in India. The main orders for
machine tools for this manufacturing facility have already been placed and the
construction is on-going. The JV manufacture 300-800MW subcritical and
supercritical equipment with an annual capacity of 5000 MW.

About Bharat Forge
Bharat Forge Ltd. (BFL) is the flagship company of the USD 2.5 billion Kalyani
Group -- a global provider of high performance, innovative, safety critical
components and solutions to various industrial sectors including Automotive,
Oil and Gas, Aerospace and Rail and Marine. BFL today has the largest
repository of metallurgical knowledge in the region and offers complete
end-to-end capability from concept to testing and validation to marquee global
OEM’s. At the cusp of a breakout growth and transformation into an engineering
conglomerate through its aggressive foray in capital goods and infrastructure
sectors, BFL is committed to proactively expedite India’s transformation into
a global economic giant.



Press Contacts
Emmanuelle Châtelain
Isabelle Tourancheau
Tel +33 141 49 3738 /39 95
Elissaveta Bahovska (Alstom Thermal Power)
Tél. +41.79.611.3848
Vandana Dhir (Alstom India)
Tel +0120 4731141
Investor Relations
Delphine Brault
Tel.: +33 (0)1 41 49 26 42
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