Alstom Further Consolidates Its Presence in China with a New Contract to Supply Two GT13E2 Gas Turbine Generators

Regulatory News:

Alstom (Paris:ALO) has signed a contract with Harbin Turbine Company Limited (HTC) to supply two sets of GT13E2 gas turbine generators for Huaneng Power International’s (HPI) Suzhou combined heat and power plant. This is Alstom’s third gas turbine order awarded by HTC over the last nine months. The total contract value is approximately €40 million.

Located in the Suzhou city of Jiangsu province, with a total capacity of 400 MW, the plant will help to increase the power generation capacity in the south-western areas of Suzhou. The two new sets will be delivered in early 2014.

"This third contract with Harbin Turbine Company confirms our gas turbine business’s return to the Chinese market and the reliability of our GT13E2 technology, which has proven its suitability for China," said Mark Coxon, Senior Vice-President of Alstom’s Gas Business.

Earlier orders with HTC during this 2012/13 fiscal year include the supply of two sets of GT13E2 gas turbines for HPI’s Tongxiang plant in Zhejiang province and the delivery of one GT13E2 gas turbine for a combined cycle plant owned by Shenzhen Nantian Electric Power Co., Ltd in Shenzhen.

The GT13E2 is one of Alstom’s most successful gas turbines. This gas turbine is the largest and most efficient turbine of its class in the market. Its high efficiency brings a low operation cost, which provides significant benefits to customers in fuel savings and reduced emissions.

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.