PARIS (AP) — Alstom Hydro, a joint venture between Alstom SA and Bouygues SA, said Thursday that it has signed contracts worth about 350 million euros ($494.4 million) to supply electro- and hydro-mechanical equipment for hydropower plants in Brazil and China.
These contracts have been booked in the first-half backlog of the 2007-08 fiscal year.
In Brazil, Alstom Hydro has been awarded a 150 million euro ($211.9 million) contract for the supply of electro- and hydro-mechanical equipment for the Foz do Chapeco hydropower plant. The 868 megawatt plant will be located on the Uruguay river in southern Brazil.
In China, Alstom Hydro has also signed four contracts worth approximately 200 million euros ($282.5 million) to supply hydropower equipment.
Alstom Hydro's local unit, Tianjin Alstom Hydro Equipment Co. Ltd., is in charge of project management in addition to design, engineering, manufacturing and commissioning of all equipment.
