A contract worth around €400 million: Alstom to strengthen Iraq’s electricity network with a 728 MW gas-fired power plant

30/01/2012

Patrick Kron, Chairman and Chief Executive Officer of Alstom, and the Iraqi Vice Minister of Electricity, His Excellency Salam Kazzaz, signed on 11 December, in the presence of His Excellency Karim Aftan El Jumaily, Minister of Electricity, a contract worth approximately €400 million to build the 728 MW Al Mansuriya gas-fired power plant in the Diyala Governorate, northeast of Baghdad. The plant will consist of four units, based on Alstom’s GT13E2 gas turbine, and will be constructed under a turnkey contract, covering delivery of equipment and civil works.

The plant will add generation capacity to Iraq’s electricity network by providing enough electricity to the entire Diyala Governorate and a part of Baghdad, located 80 km away from the plant. The first unit of the plant is scheduled to be operational in early 2013. Equipment will be manufactured in Alstom’s factories in France, Switzerland and Germany. With more than 10 million operating hours accumulated worldwide, Alstom’s GT13E2 gas turbine has demonstrated superior operational performance and continues to provide reliable power to millions of consumers worldwide.

Commenting on the win, Mark Coxon, Senior Vice President of Alstom’s Gas business said, “Alstom is proud to be participating in the reconstruction of Iraq’s energy infrastructure. I am positive that our superior gas turbine technology, offering outstanding availability and reliability, will support the country in building up secure electricity supplies for the future.”

In July 2010, Patrick Kron, Chairman and CEO of Alstom, and the Ministry of Electricity, signed a Memorandum of Understanding (MoU) for the development and modernisation of Iraq’s electricity infrastructure. Under this MoU, Alstom is currently rehabilitating unit 1 of the Najaf gas-fired power station, 160 km south of Baghdad. The unit was out of operation for five years; the rehabilitation will allow the first turbine, recontribute again an output of 60 MW to the Iraqi electricity network.

Press Contacts:
Christine Rahard, Stéphane Farhi – Tel: +33 1 41 49 32 95 /33 08
christine.rahard@chq.alstom.com, stephane.farhi@chq.alstom.com
Sapna Lalwani (Power) – Tel: +41 79 486 3798 – sapna.lalwani@power.alstom.com

Investor Relations:
Emmanuelle Châtelain, Juliette Langlais - Tel: + 33 1 41 49 37 38 / 21 36
emmanuelle.chatelain@chq.alstom.com , juliette.langlais@chq.alstom.com