Alstom has bagged an order worth Euro 40 million by Bharat Heavy Electricals (BHEL) to supply three 660 MW supercritical boilers for North Karanpura super thermal power project (STPP) located in Jharkhand, India.
The units are expected to be commissioned in 2017. Under the scope of the contract, Alstom the sole licensor for BHEL supercritical technology will design the 660 MW supercritical boilers and supply identified pressure parts along with windboxes.
Out of the entire aforesaid contract, Alstom India scope of work would be approximately Rs 1.72 billion (approximately euro 21 million).
Andreas Lusch, senior vice president steam business at Alstom said, 'Alstom is continuously developing cleaner fossil fuel based plants, aiming at generating power more efficiently and with less environmental impact.'
Shares of the company gained Rs 0.25, or 0.07%, to trade at Rs 381. The total volume of shares traded was 13,530 at the BSE (1.12 p.m., Tuesday).