Alstom T&D India gains on bagging contract worth Rs 200 crore

09 Jul 2013 Evaluate

Alstom T&D India is currently trading at Rs 164.90, up by 4.90 points or 3.06% from its previous closing of Rs. 160.00 on the BSE.

The scrip opened at Rs 165.00 and has touched a high and low of Rs 170.00 and Rs 163.95 respectively. So far 4340 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 230.00 on 03-Oct-2012 and a 52 week low of Rs 138.40 on 25-Mar-2013.

Last one week high and low of the scrip stood at Rs 170.00 and Rs 155.85 respectively. The current market cap of the company is Rs 3825.66 crore.

The promoters holding in the company stood at 80.31% while Institutions and Non-Institutions held 10.15% and 9.53% respectively.

Alstom T&D India has been awarded a contract by Bajaj Infrastructure Development Company, to supply e-BoP (Electrical Balance of Plant) Package for their upcoming 3 x 660 MW Super Thermal Power Project (TPP) in Lalitpur, Uttar Pradesh. The contract is worth approximately Rs 200 crore (euro 28.5 million).

India has an ever-increasing need for secure, reliable energy and Super Thermal Power Plants are critical to ensuring this constant power supply across the country. The Lalitpur plant will be a major power supplier to the state of Uttar Pradesh in northern India, which has around 200 million inhabitants.

Electrical Balance of Plant systems (eBoP) feed power to the equipment within a power plant to maximise availability of the power plant's electrical system, They are essential for efficient and stable operations. Under this contract, Alstom T&D India is responsible for the design, engineering, supply and installation of the eBoP at the Lalitpur plant, which includes supply of Station Transformers, Unit Transformers and other Electricals for the project. The equipment will be manufactured at Alstom T&D's state-of-the-art transformer facility in Naini, Uttar Pradesh.

GE T&D India Share Price

1089.20 -30.10 (-2.69%)
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Apar Inds 7608.00
ABB India 6409.05
CG Power & Indl.Soln 557.75
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