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ALSTOM REINFORCES ITS COMMITMENT TO CHINA'S NEW GREAT PLANS FOR DEVELOPING THE HYDROPOWER

19/01/2006

To ensure the sustainable supply of clean electricity, Chinese government has given priority to the development of renewable energies including hydropower in the 11th Five-Year Plan.  China’s new hydropower development plan focuses on the development of Jinshajiang River in the southwest region.  Four huge hydropower projects (Xiluodu, Xiangjiaba, Baihetan, Wudongde) totaled 38500MW were planned along its lower reaches while one reservoir with 8 cascades of hydropower stations totaled 21150MW will be built on its middle reaches.

ALSTOM commits to actively participate in the construction of these projects, building on its rich experience, substantial references, and a well-established local industrial base to reinforce its leadership position in China’s hydropower market.  As the largest power generation equipment supplier to the Three Gorges Project, ALSTOM has won the 16x300MW bundled Pumped Storage Hydro Projects (Baoquan/Huizhou/Bailianhe) in 2004, whereby ALSTOM has transferred its world leading Pumped Storage units technology to Chinese manufacturers.  

In December, 2005, ALSTOM has been selected with its partner Dongfang for another project of this kind, the 4x300MW Heimifeng Pumped Storage Project (PSP) in Changsha of Hunan Province.  The winning of this project, a continuation of the similar projects in 2004, enabled ALSTOM to further transfer its advanced technologies to Chinese manufacturers including Dongfang and help them fully grasp the PSP technology.

ALSTOM’s long term dedication to China’s hydropower development has also been embodied in its local manufacture base--Tianjin ALSTOM Hydro Co., Ltd (TAH), a leading supplier with more than 20% share of China’s domestic hydro market.   With the heavy investment and the full technologies transferred from ALSTOM in the past 10 years since its establishment, TAH has been transformed into the world’s first class hydropower equipment manufacturer that is capable of manufacturing & supplying the largest hydro turbine (up to 900 MW) in the world.

Speaking about ALSTOM’s commitment to hydropower in China, Alain Berger, ALSTOM China President said “Thanks to our customers & partners, our unparalleled references in China’s hydropower market have provided us with unique competitive advantages to participate in the grand hydropower development plans of China.  We are fully committed to these new growth opportunities and we hope to make further contributions in enhancing the overall competence level and sustainable development of China’s hydropower industry, through our dedication and continued transfer of our advanced technologies,” 

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ALSTOM is a global leader in power generation & services and rail transportation infrastructure. ALSTOM's annual sales are around €14 billion. It employs 69,000 people in over 70 countries worldwide.

 As one of the FORTUNE 500 companies, ALSTOM has invested so far in China in 2 wholly owned enterprises including ALSTOM (China) Investment Co. Ltd. and ALSTOM Technical Services (Shanghai) Co. Ltd., as well as 8 joint ventures plus 2 subsidiaries in Hong Kong. The company employs more than 2300 people nation-wide.