Alstom T&D India wins shunt reactor package for Power Grids Kanpur and Jhatikara 765 kV substations

Alstom T&D India has won an order worth approximately INR 790 million (9 million) from Powergrid Corporation of India Limited (PGCIL) to provide 14 shunt reactors for the 765 kV electrical substations at Kanpur and Jhatikara in the Uttar Pradesh state. The projects are due for delivery in 2015.

Alstoms shunt reactors[1] will have the highest power rating (110 MVAR 1 Ph, 765/Ö3 kV) installed on Indias Extra High Voltage (EHV) 765 kV electrical grid. The reactors are designed to maintain the 765 kV voltage level, whatever the load, by limiting transient over-voltages which can occur due to sudden load decreases.

All 765 kV equipment for these projects will be manufactured in Alstoms transformer and reactor manufacturing facility at Vadodara in India.

Commenting on the order, Mr. Rathin Basu, Managing Director, Alstom T&D India Limited, said, This contract further reinforces the confidence that Powergrid has in Alstoms capability to deliver 765 kV products and solutions from its state of the art manufacturing facilities. 

About Alstom 

Alstom is one of the global leaders in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over 20 billion and booked close to 24 billion in orders in 2012/13. 

Alstom T&D India is one of the market leaders in the Indian power transmission sector. By virtue of being a part of the Alstom Group, it has over 100 years of expertise in building the transmission infrastructure for the country. Alstom has a strong portfolio of products, solutions and services, comprising the entire range of transmission equipment up to Extra and Ultra High Voltages (765 kV and beyond) including air-insulated switchgear (AIS) and locally manufactured power transformers and gas-insulated switchgear (GIS). It also provides power electronics solutions (HVDC, FACTS) to create super highways and offers highly advanced power management Smart Grid solutions for transmission and distribution including renewable energies integration. With over 3,500 employees and eight world class manufacturing units, Alstom T&D India is equipped to support the rapidly evolving transmission sector in India. 

ALSTOM T&D India Limited (Company) proposes, subject to receipt of requisite approvals, market conditions and other considerations, to issue and allot its equity shares to qualified institutional buyers only by way of an institutional placement programme and has filed a Red Herring Prospectus dated November 21, 2013 with the Registrar of Companies, National Capital Territory of Delhi and Haryana (Red Herring Prospectus).The Red Herring Prospectus is available on the website of the Company at www.alstom.com, website of SEBI at www.sebi.gov.in, website of the Book Running Lead Manager at www.icicisecurities.com and websites of the stock exchanges at www.bseindia.com, www.nseindia.com and www.cse-india.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, potential investors should refer to the Red Herring Prospectus, including, the section titled Risk Factors of the Red Herring Prospectus 

Press Contacts 

Aparna Srivastava (Alstom India)
Tel: +91 120 473 2535 / +91 9560646622
aparna.srivastava@alstom.com

Nathalie Bourotte (Alstom Grid)
Tel: +33 1 49 01 62 17 / + 33 6 89 57 25 15
nathalie.bourotte@alstom.com 

Website www.alstom.com

[1] Shunt reactors are used to increase stability on the electrical grid and maintain insulation across long transmission lines between power plants and consumption areas.