SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Alstom, NASL receive contract worth Rs 206.7 crore from GSECL

20 May 2015 Evaluate

Alstom India and NASL have been awarded a contract worth approximately Rs 206.7 crore by Gujarat State Electricity Corporation (GSECL) to renovate and modernize two steam turbines at the Ukai and Wanakbori thermal power stations, both situated in Gujarat, India. Alstom will perform full shaftline retrofits of the 200 MW BHEL-supplied LMZ design steam turbines at unit 4 of the 1350 MW Ukai power station and unit 3 of the 1470 MW Wanakbori power station. 

The retrofits will increase turbine efficiency by around 14% from existing operating conditions thereby reducing coal consumption and CO2 emissions. The scope of each project includes engineering, supply, erection, commissioning and testing. Equipment will be manufactured at Alstom's facilities in India and Poland. The projects are scheduled to be commissioned in 2017.

Alstom is a global leader in power generation, power transmission and rail infrastructure. Present in India since 1911, Alstom has strong capabilities in engineering, manufacturing, project management and supply of products and solutions for infrastructure.

GE Power India Share Price

498.40 -7.25 (-1.43%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×