Alstom bags contract worth 125 million euros from BHEL

Power gear maker Alstom today said it has bagged a contract worth 125 million euros from state-run BHEL for supply of components and services to the upcoming 1,000 MW thermal power plant of Neyveli Lignite Corporation.

"Alstom has been awarded a contract worth close to 125 million euros (over Rs 1,000 crore) by BHEL to supply components and services for 2x500 MW Neyveli New Thermal Power Project located at Neyveli in Tamil Nadu," Alstom said in a statement.

Under the contract, Alstom will co-operate with BHEL in conceptualising, designing, engineering and supplying two tower boilers and the complete lignite milling and firing equipment, and critical components.

The equipment will be engineered and manufactured in Alstom's facilities in Stuttgart (Germany) as well as in Durgapur and Shahabad (India).

"The Neyveli project will show case the leading combustion technologies of Alstom with difficult fuels such as lignite. Our extensive local manufacturing footprint will be mobilised along with BHEL teams to make the project a success," Andreas Lusch, Senior Vice President of Alstom's Steam business, said.

The 1,000 MW greenfield project will be a major source of power to southern states.