Corporate Announcement
Security Code : 532309    Company : GEPIL    
 
Alstom to supply equipment for Shuakhevi hydropower plant in GeorgiaDownload PDF
  Exchange Disseminated Time     
ALSTOM India Ltd has informed BSE that Alstom led consortium has been awarded a contract worth around INR 2620 million (i.e. around Euro 30 million) to equip the 2 x 89.3 MW Shuakhevi Hydropower plant located in Georgia. Alstom's share of the contract is worth around INR 1934 million (i.e. around Euro 20 million). The Shuakhevi hydro power project is part of one of the largest foreign direct investment projects in Georgia to date. The power plant is expected to have an installed capacity of 178.6 MW and is expected to be commissioned in 2016.

Out of the entire aforesaid contract, please note that ALSTOM India Limited's scope of work would be INR 1409 million (i.e. around Euro 16 million).

In this regard, the Company has issued a Press Release dated February 24, 2014 titled "Alstom to supply equipment for Shuakhevi hydropower plant in Georgia".
 

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