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Last $31.98 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 03/24/15 All times are local (Market data is delayed by at least 15 minutes).

alstom (AOMFF) Key Developments

Alstom Signs Two Biomass Contracts with Burmeister & Wain Scandinavian for Geared Reaction Steam Turbines

Alstom has signed two contracts with Burmeister & Wain Scandinavian Contractor for geared reaction steam turbines, or GRT, to be used in two UK biomass projects. The first contract uses a 23MW GRT for a waste wood combined heat and power (CHP) biomass plant in Widnes, Merseyside that is being developed by BWSC and Stobart Group. While the second is a 50MW GRT for the Snetterton Biomass Plant, in East Anglia, which will burn energy crops such as straw, cereals and oilseed rape.

Alstom Signs Contract with Trensurb to Provide Maintenance for Metro Trains

Alstom has signed a contract with Empresa de Trens Urbanos de Porto Alegre, or Trensurb, to provide preventive maintenance for 15 metro trains. The contract is worth around EUR 2 million and covers 5-year maintenance starting from this month. The metro trains are Metropolis ordered to Alstom through FrotaPoa's consortium1 in 2012. They are circulating on the line 1 since 2014. The maintenance will enable to enhance the reliability, safety and operational availability of the metro. Under this new contract, a team of technicians and engineers from Alstom will be based in the Trensurb workshop. Preventive maintenance activities, consisting of quality checks and maintaining train security, will be performed daily. The maintenance will be performed according to a plan developed by Alstom, with a definition of frequency for each intervention (eg, review every 10,000 km, 50,000km, etc.) and activities to be carried out.

Alstom Wins EUR 12 Million Contract from Matrai Eromu Ltd. to Renovate Steam Turbines

Alstom has won a contract worth EUR 12 million from Matrai Eromu Ltd. to renovate the steam turbines of blocks 4 and 5. The project is the large renovation project in Hungary in the past 8 years in which the original performance and availability of the blocks will be restored using a unique solution. As part of the order, Alstom will renovate 2 turbines of 232 MW capacity each, and the auxiliary subsystems in Matra Power Plant. Field works, engineering, quality control and project management will be performed by the local service team of Alstom of 60 experts. During the project, low, intermediate and high pressure units of the turbines will be modernised. Subsystems of the turbines, such as safety and control, gland steam, jacking and lube oil, turbine drain systems as well as bleedings are also part of the order.

Alstom Signs Agreement with EGAT to Build New Unit at Mae Moh Power Plant

Alstom, in consortium with Marubeni Corporation, has signed an agreement with the Electricity Generating Authority of Thailand, or EGAT, to supply and build the new unit at Mae Moh power plant. The total amount of the contract is EUR 950 million in total, with Alstom's share of the contract worth approximately EUR 520 million. The contract will be carried out on an Engineering, Procurement and Construction (EPC) basis. This new unit will replace existing units 4-7 and will make Mae Moh the first lignite-fired power plant in Asia operating with ultra-supercritical conditions. Upon its completion in 2018, the unit will produce 600 MW of electricity with the high environmental performance and with atmospheric emissions reduced to meet the most stringent regulations. Alstom will supply its technologies, such as the ultra-supercritical boiler with integrated Selective Catalytic Reduction of NOx (SCR), its ultra-supercritical steam turbine and generator, as well as the air quality control systems composed of a Wet Flue Gas Desulphurisation (WFGD) system enabling reduction of sulphur oxides by more than 98%, and Electrostatic Precipitators (ESP) designed to capture particulate and dust emissions, with an efficiency of more than 99.9%. While existing units in the Mae Moh Power Plant were all originally equipped with Alstom boilers, the new unit will operate at ultra-supercritical conditions which leads to a higher overall plant efficiency, an improvement of close to 20% in the heat rate compared to the current specifications, increased power output as well as a reduction of more than 20% in CO2 emissions per unit of fuel burned compared to current installations.

Bokaryov And Alstom May Buy 25% In Russia's Transmashholding

Companies belonging to businessmen Andrei Bokaryov and Iskander Makhmudov, and French holding Alstom SA (ENXTPA:ALO) may buy a 25% interest in CJSC Transmashholding from Open Joint Stock Company Russian Railways, Bokaryov told reporters on March 16, 2015. “We have a preemptive right for we are a part of a closed shareholder company. They (Alstom) will buy their part and we will buy ours. They will have an about 8% stake and we will receive the rest," Bokaryov said. “There are discussions, we will not abandon the idea, and it is unclear what they (Alstom) will do, most probably, they will not refuse to buy."

 

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Price/Sales 0.4x
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