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ALS The Allstate Corp

196.93
0.00 (0.00%)
08:33:39 - Realtime Data
Share Name Share Symbol Market Type
The Allstate Corp TG:ALS Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 196.93 196.45 196.95 0.00 08:33:39

Re Contract

13/11/2003 7:43am

UK Regulatory


RNS Number:0177S
Alstom
13 November 2003

                         ALSTOM AWARDED 250 MILLION EURO 
                                CONTRACT IN SUDAN

ALSTOM has just been awarded a contract by the Ministry of Irrigation and Water
Resources of the Republic of the Sudan to supply the electro-mechanical
equipment for the Merowe Dam Project, located on the Nile River. The value of
the contract is in excess of 250 million euro.

ALSTOM's scope of supply includes 10 hydro turbines and generators, each with an
output of 125 MW, the balance of plant, control system and engineering. The
scope also includes erection and commissioning. One of the key factors in ALSTOM
winning this contract has been its unrivalled experience in the field of hydro
power. This new contract confirms  ALSTOM's No. 1 position in this world-wide
market. 

This contract marks a milestone in the economic progress of Sudan. On
completion of this project, the power generation capacity will be more than
doubled. The project, due to commence in December 2003 will be executed over a
period of five years and will involve several engineering and manufacturing
units in ALSTOM including Brazil, Switzerland, France and Germany.

Philippe Soulie, President of ALSTOM's Power Environment Sector said "winning
this contract represents a major success for us. At this particular point in
ALSTOM's recovery plan, we regard this award as a strong and encouraging
demonstration of confidence on the part of our Customer and we are proud to be
associated with this prestigious project".
 
Press relations:                 G.Tourvieille / S.Gagneraud 
                                 (Tel. +33 1 47 55 23 15) 
                                 internet.press@chq.alstom.com
 
Investor Relations:              E.Chatelain
                                (Tel. +33 1 47 55 25 33) 
                                Investor.relations@chq.alstom.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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