Alstom to deliver equipment to Vietnamese hydropower plant

Alstom's share in the contract is about $42.5 million

Paris, March 31, 2011 — Alstom and its consortium partner, Hydro China Zhongnan Engineering Corp, have signed a contract worth more than $63.8 million with Electricity of Vietnam to provide power equipment for the Huoi Quang dam, located on the Nam Mu River in Lai Chau province, Vietnam.

Alstom's share in the contract is about $42.5 million. The 520 MW hydroelectric power project is a priority project listed in Vietnam's 6th Master Power Development Plan for the period 2006-2015.

The Master Plan is used by the Vietnamese government to manage the development of the electric power sector. It forecasts power demand growth and maps out the overall development of the power industry over a ten-year period.

Under the terms and conditions of the contract, Alstom and its partner will supply and supervise the installation of the plant's electromechanical equipment, including two 260 MW Francis turbines and generators.

Manufactured at Alstom's hydropower manufacturing facility in Tianjin, China, the first turbine unit is expected to be put in operation by December 2014 and the second by April 2015. The current power generation system in Vietnam relies mainly on hydro and thermal gas power.

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