ALSTOM Projects India Limited wins an Eight Million Euro
overseas Hydro Contract

New Delhi, August 30, 2006: ALSTOM Projects India Ltd.
(APIL) has bagged a prestigious Eight Million Euro (about Rs
440 million) contract for the supply and erection of
hydro-mechanical equipment for Nam Ngum 2 Hydropower project in
Lao, Peoples Democratic Republic (PDR), in South East
Asia. 

The contract was signed in Vientiane, capital of Lao (PDR)
with Ch. Karnchang (Lao) Company Limited, an EPC Contractor and
subsidiary of Ch. Karnchang Public Company limited, one of the
biggest construction companies in Thailand, which has awarded
the contract to APIL. APIL has to complete the project in 43
months time.

This is the second export order won by APIL for hydro
mechanical equipment, the first being Gurara project in
Nigeria. In both cases, APIL is fully responsible from design
upto site completion. The contract is a strong testimony to
APILs technological capabilities to undertake major
hydro-electric projects outside of India.

ALSTOM is the world leader in Hydropower Equipment &
Services and APILs Vadodara unit serves as one of its
full capability major global hubs for hydro business. 

The Nam Ngum project, funded by a number of commercial banks
led by Krung Thai Bank of Thailand, is located on Nam Ngum
River in the south-east part of Lao PDR. The end customer for
the project is South East Asia Energy Limited.
Elektrowatt-Ekono is the Independent Engineer for the project.