Paris, November 4, 2010 — Alstom has won a contract for the supply of equipment to a new hydroelectric dam in China, underlining its position as one of the leading equipment suppliers to the country’s hydropower industry.
The contract, worth about $71 million and awarded to Alstom by Jiangxi Province Xiajiang Water Control Project Headquarters, involves the supply of five 40 MW bulb turbine and generator units to the new Xiajiang hydropower station currently under construction on the Ganjiang river, 160 km from Nanchang city in Jiangxi Province. The plant is due to be operational in summer 2013.
The equipment for the project will be manufactured and supplied by Alstom Hydro China, Alstom’s new manufacturing site at Tianjin.
“This latest contract is a sign of the healthy growth of the Chinese hydroelectricity market,” said Anders Maltesen, General Manager of Alstom Hydro China. “It also proves once again that Alstom, as the market leader in this industry, is a household name that Chinese utilities know they can rely on for the excellence and reliability of our machines.”
Hydropower accounts for 22 percent of China’s electricity generation capacity and is expanding at a rate of 15 GW per year. Over 110 new hydro projects are currently in the planning stage, to be completed by 2020. Once finished, these plants will add an extra 200 GW of power to the country’s grid, and will account for 28 percent of installed capacity.