MoneyWorks4Me

Alstom Projects India secures order worth Rs 26 crore

10 Jul 2012 Evaluate

Alstom Projects India has secured an order close to Rs 26 crore (around €4 million) from Tata Projects for the supply of a coal grinding system for National Mineral Development Corporation’s (NMDC) Nagarnar Blast Furnace Project. This project is expected to be commissioned in 2014.

Recently, the company had bagged order worth about Rs 530 crore by Bharat Heavy Electrical to supply components and services for the 660 MW supercritical boilers at NTPC sites of two units located in Mouda, Maharashtra.

Alstom Projects is India’s leading environmental control systems provider with 3 GWs worth of orders, accounting for about 50% market share. The company is well positioned to serve India’s growing hydro needs. Projects currently under execution include the 2000 MW Subansiri Lower hydroelectric power plant in the states of Assam and Arunachal Pradesh, India’s largest hydro project.

Peers
Company Name CMP
Larsen & Toubro 3866.00
Kalpataru Projects 1398.00
NCC 132.80
Rail Vikas Nigam 206.70
KEC International 394.00
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