News about the Alstom group

Siemens, Alstom, Bombardier, GE in race for locomotive plant
Both projects were announced by former railway minister Lalu Prasad in the 2007-08 Railway Budget. However, the projects, requiring investments worth Rs 1,300 crore each, could not generate investor interest. www.dnaindia.com | 8/10/10 9:37 PM
French firm signs power agreement with Iraq

The French energy infrastructure firm Alstom has signed a memorandum of understanding with the Iraqi government.

www.topix.net | 7/30/10 5:49 PM
French firm signs power agreement with Iraq

The French energy infrastructure firm Alstom has signed a memorandum of understanding with the Iraqi government.

www.topix.net | 7/30/10 12:14 PM
French firm invited to generate Iraqi power
The French energy infrastructure firm Alstom has signed a memorandum of understanding with the Iraqi government. story.venezuelastar.com | 7/30/10 5:30 AM
South Africa: High-Speed Rail Link Between Joburg, Durban 'Not a First Priority', Says Alstom
INFRASTRUCTURE group Alstom said yesterday it was interested in a proposed rail link between Durban and the new King Shaka International Airport, but cautioned that a high-speed rail link between Johannesburg and Durban should not be a priority. allafrica.com | 7/22/10 8:40 AM
Alstom Orders Fall 36%, But Confirms Guidance
Alstom said sales fell 1% and orders dropped 36% in the first quarter as its clients, including cash-strapped governments, hold off on big investments like power stations. online.wsj.com | 7/20/10 12:45 PM
Alstom CEO Sees Role In Big Russian Transit Projects -Vedomosti
DOW JONES NEWSWIRES French power and transportation engineer Alstom SA (ALO.FR) plans to build on recent deals and help upgrade Russia's infrastructure, Chief Executive Patrick Kron tells business da... story.venezuelastar.com | 7/20/10 6:17 AM
French, Spanish groups vie for huge Mecca rail contract
A French-Saudi group including Alstom and SNCF and a Spanish-led consortium were the only bidders Saturday for Saudi Arabia's multi-billion dollar Mecca-Medina high speed railway,... feedproxy.google.com | 7/3/10 7:17 AM
French, Spanish groups vie for huge Mecca rail contract
A French-Saudi group including Alstom and SNCF and a Spanish-led consortium were the only bidders Saturday for Saudi Arabia's multi-billion dollar Mecca-Medina high speed railway,... feedproxy.google.com | 7/3/10 7:17 AM
Alstom to soon launch eco-friendly products, services
Alstom, a global leader in power generation and rail infrastructure, will soon launch several environment-friendly products and services aimed at catering to the needs of country?s rapidly-growing power sector. economictimes.indiatimes.com | 7/2/10 9:21 PM
Jyoti makes a fine start at French Open golf
Indian golfer Jyoti Randhawa's four-under 67 put him in tied fifth place, even as Jeev Milkha Singh and Shiv Kapur carded one-under 70 each at the opening round of the Alstom Open de France. story.venezuelastar.com | 7/2/10 5:00 AM
Alstom Projects bags Rs 458 cr order in Karnataka
Alstom Projects India, a subsidiary of the France-based Alstom SA, on Wednesday said it has bagged an order worth Rs 458 crore from BHEL in Karnataka. economictimes.indiatimes.com | 6/30/10 8:54 AM
Alstom signs 1-billion-euro locomotive contract with Russia
French rail engineering group Alstom and Russia's biggest railway equipment manufacturer Transmashholding(TMH) agreed Tuesday to jointly design and manufacture EP20 electric locomotives for Russia. The two sides signed a 1-billion-euro (1.22 billion U.S. dollars) contract in Paris, Alstom told Xinhua. Alstom and TMH decided to create an even-shared joint venture, called Tekhnologii Relsovogo Transporta(TRT), to produce 200 locomotives in Novocherkassk, Russia, with technical support from A ... english.people.com.cn | 6/29/10 2:44 PM
Alstom to form N-power JV with Bhel, NPC
French industrial engineering major Alstom will formalise its tripartite joint venture agreement with state-owned Bhel and Nuclear Power Corporation of India over next few months. economictimes.indiatimes.com | 6/24/10 9:02 PM
Alstom to form N-power JV with Bhel, NPC
French industrial engineering major Alstom will formalise its tripartite joint venture agreement with state-owned Bhel and Nuclear Power Corporation of India over next few months. economictimes.indiatimes.com | 6/24/10 9:02 PM
Alstom Chattanooga plant to create 350 jobs

French energy company Alstom is dedicating a plant in Chattanooga that will build steam and gas turbines, including some for nuclear plants, in an expansion expected to create 350 high-paying jobs.

www.topix.net | 6/24/10 6:58 PM
Alstom JV with BHEL, NPCIL to supply equipment to nuclear project
French energy equipment major Alstom on Thursday said it has finalised a tripartite joint venture agreement with state-run BHEL and Nuclear Power Corporation of India. economictimes.indiatimes.com | 6/24/10 8:58 AM
Alstom JV with BHEL, NPCIL to supply equipment to nuclear project
French energy equipment major Alstom on Thursday said it has finalised a tripartite joint venture agreement with state-run BHEL and Nuclear Power Corporation of India. economictimes.indiatimes.com | 6/24/10 8:58 AM
Alstom Buys Areva Power Unit for $2.74 Billion
French engineering giant Alstom, the maker of TGV high-speed trains, paid € 2.3 billion for the power-transmission unit of France's Areva to tap growing demand in emerging markets www.businessweek.com | 6/8/10 4:37 PM
Bombardier sues Montreal metro for altering $3B pact
Passengers exit the Metro at Montreal’s Berri-UQAM station. Bombardier and its commercial partner Alstom are calling a tender call by Montreal Transit for new subway cars “illegal” story.venezuelastar.com | 5/21/10 5:44 AM
Nuclear News: Turkey announces deal on Iran nuclear dispute
Turkey announces deal on Iran nuclear dispute‘ANKARA - Iran has agreed to send its uranium to Turkey for enrichment to resolve the international row over its nuclear programme, the Anatolia news agency reported Monday, citing diplomatic sources. The deal was struck after 18 hours of talks in Tehran between the foreign ministers of Brazil, Iran and Turkey, said the report. The text that was agreed during the meeting will be put to Turkish Prime Minster Recep Tayyip Erdogan, the agency reported. He flew into Tehran on an unscheduled visit late Sunday. Erdogan was invited by Iran to join Brazilian President Luiz Inacio Lula da Silva and Iran's President Mahmoud Ahmadinejad for talks on the issue on Monday. The three leaders would go over the final, detailed version of the agreement at that meeting, the agency added. Brazil's Lula held talks on the issue with the Iranian leadership on Sunday.’ Protests stall public hearing on Jaitapur nuclear project‘MADBAN (Ratnagiri district): Angry protests stalled a public hearing of the Jaitapur Nuclear Power Project (JNPP) at Madban village in Maharashtra on Sunday. Only after officials acknowledged their mistake of not providing copies of the environmental impact assessment (EIA) to the affected villages, it was allowed to go on under protest. Copies of the EIA summary in English were given only to the Madban gram panchayat on April 29 and a full copy in Marathi was given four days before the public hearing. The other three villages from where land was acquired for the project - Karel, Niveli and Mithgavhane - did not receive the EIA report. Pravin Gavhankar of Madban village told the panel, chaired by the Collector, that when a majority of the people did not get the EIA report, the public hearing was a sham and must be scrapped. The project has met with strong protests from people whose lands were acquired under protest. About 2300 people lost land to the project for which 938.026 ha. was acquired. Most of them have not accepted the compensation cheques. People waved black flags and shouted slogans while marching to the venue of the hearing at the project site. Shiv Sena MLA Rajan Salvi said according to law, EIA reports should have been submitted a month in advance.’Areva South Africa pitches to build Dar nuclear power plant‘Tanzania will soon have the first nuclear power plant in East Africa following a move by South Areva South Africa, a member of the French multinational Areva group, to bid for its construction. Currently, the country, which depends on hydropower plants to produce electricity, suffers from frequent power shortages. Mohamed Madhi, chairman of Areva South Africa, told The EastAfrican in Dar es Salaam that the firm is seeking opportunities in East Africa to invest in nuclear power production. Mr Madhi said Areva will produce clean energy in Tanzania through the construction of a nuclear power plant pending the conclusion of negotiations with the government. ‘Areva is one of the companies that will be bidding for contracts to build nuclear energy capability in Tanzania,’ he said.Turkey says open to offers for another nuclear power plant‘In March, Turkey and South Korea signed a cooperation protocol to establish a nuclear energy power plant in Sinop. The Turkish energy minister said on Sunday that Turkey was working on construction of a nuclear power plant in the northern province of Sinop. Turkey's Energy & Natural Resources Minister Taner Yildiz said Turkey reached a fruitful stage in its initiatives to construct a nuclear power plant in Sinop. "Working groups will try to develop the agreement regarding Sinop soon," Yildiz told AA correspondent. Yildiz said Turkey could sign an agreement with South Korea if conditions prevailed.’Berlin eyes back door for passing nuclear power extension‘Losses in state elections left Germany's coalition without a majority in the upper house of parliament and cast doubt on plans to extend operation of nuclear plants. Now, they hope to bypass the upper house entirely. Since national elections last fall, the coalition government in Berlin has been indicating its intention to extend the deadline to shut down all of Germany's nuclear power plants. According to a law passed in 2002 by then-chancellor Gerhard Schroeder's government, all of Germany's nuclear plants should be switched off by 2022, but the current government wants to push back this cut-off date, possibly by decades. After recent regional elections in North Rhine-Westphalia, the coalition's plans seemed to hit a snag. Chancellor Angela Merkel's Christian Democrats and her partners in the national government, the Free Democrats, lost their majority in the Bundesrat, the German government's upper house of parliament that represents Germany's 16 states. It was thought that any extension of the lifespan of Germany's nuclear plants would require the approval of the Bundesrat, but now, Ronald Pofalla, Merkel's chief of staff, has announced Berlin's intention to bypass the Bundesrat entirely. "At the time, Chancellor Schroeder also passed the law limiting the lifespan of the plants without the Bundesrat," Pofalla said in an interview with the WAZ media group.’Areva to announce new contracts‘It is unclear how the Areva's T&D division's proposed sale to Alstom and Schneider will affect the Gulf and Middle East. (AFP) Areva's transmission and distribution (T&D) division expects to announce many new contracts in the region starting next week, it told Emirates Business in an exclusive. However, the details of the division's sale to Alstom and Schneider for EUR 4.09 billion (Dh18.56bn) and how it will affect the Gulf and Middle East remains unclear, according to a company spokesperson. On January 20, the Alstom and Schneider Electric Group, through a consortium, were selected to enter into exclusive negotiations with Areva Group, an industrial conglomerate mainly known for nuclear power. The transaction meant that the transmission segment, representing two thirds of Areva T&D, will join Alstom Group and the distribution segment, representing one third, will join Schneider Electric Group. The French government currently owns about 93 per cent of Areva through direct and indirect holdings. "The European Commission has already approved the proposed acquisition, but the closing of the transaction remains subject to the approvals of antitrust authorities and work councils in some remaining countries. Therefore, we don't know exactly when the closing date will occur and what will be the future organisation within Alstom and Schneider," said the spokesperson.’Senegal advised against "extravagant" nuclear energy‘afrol News, 17 May - Specialists in renewable energies claim to document that Senegal's plans to develop nuclear power plants are an "extravagancy" for the poor country, where conditions would be perfect for a quicker and cheaper production of solar energy. In an analysis made for afrol News by the Senegal office of the Spanish company Prosolia, different cost-efficiency alternatives are calculated to meet Senegal's desperate and immediate need to expand and diversify its energy production. The analysis follows Senegalese government initiatives to study the feasibility of nuclear power plants in the country. According to Prosolia, conditions in sun-rich Senegal are close to perfect for a cost-effective large-scale development of solar energy. With prices for photovoltaic technologies steadily improving and becoming cheaper, solar energy by now is among the most competitive alternatives in Senegal, the analysis concludes.’ feedproxy.google.com | 5/17/10 2:15 PM
Infosys expands engagement with Alstom

New Delhi: Infosys Technologies today said it is widening its IT support engagement with French power and railway transport infrastructure giant, Alstom in areas of global Research and Development , Engineering and Engineering IT services.

www.topix.net | 5/12/10 7:37 PM
Alstom reports strong year, weak orders
French engineering group Alstom reported strong annual profits and sales figures on Tuesday but also registered a drop in orders because of the global economic crisis.The... feedproxy.google.com | 5/4/10 11:32 AM
Eskom tender companies' shady past
DA leader Helen Zille has asked the Competition Commission to investigate possible collusion between Hitachi Power Africa (HPA) and Alstom for a R38.5 billion tender to build boilers for Eskom. www.iol.co.za | 4/24/10 8:57 PM
Alstom Lands First Moroccan Windfarm Project, an Industrial Info News Alert

Written by Martin Lynch, European News Editor for Industrial Info -- French company Alstom SA has won its first contract in the growing Moroccan wind power sector following the award of a 100-megawatt turbine deal with Nareva Holding.

www.topix.net | 4/24/10 5:22 PM
Alstom at Center of Web of Bribery Cases
Cases involving Alstom, a French industrial giant, are part of a growing number of investigations into corporate bribery. www.nytimes.com | 3/29/10 10:00 PM
SC pulls up Alstom, Voith for delaying Tehri power plant
The Supreme Court has pulled up multinationals Alstom Hydro and Voith Hydro, which had bided for second phase of Tehri hydropower project, saying their litigation was delaying the crucial project and causing loss to the nation. economictimes.indiatimes.com | 3/28/10 7:49 PM
Alstom says chiefs released in British corruption probe

Three top executives of French engineering group Alstom in Britain were freed Wednesday without charge after having been arrested for alleged bribery and corruption, the firm and investigators said.

The president, legal director and finance director of the firm's British branch were released after being detained in raids across the country, company spokesman Patrick Bessy told AFP.

The firm said in a statement on its website that "several Alstom offices in (Britain) have been raided on Wednesday," adding that those detained "were freed late afternoon without being charged."

www.france24.com | 3/24/10 11:26 PM
3 Alstom Executives Questioned in U.K. Bribery Inquiry
The executives have been questioned on suspicion of bribery, corruption, money laundering and false accounting, officials said. www.nytimes.com | 3/24/10 8:41 PM
3 Alstom Executives Released
The U.K.'s Serious Fraud Office arrested then later released three members of Alstom's board on suspicion of bribery and corruption, conspiracy to pay bribes, money laundering and false accounting. online.wsj.com | 3/24/10 6:24 PM
UK - FRANCE: Alstom directors arrested in UK corruption probe
Britain's Serious Fraud Office arrested three directors of French engineering group Alstom Wednesday on suspicion of bribery and corruption after raids on nine properties in the UK. www.france24.com | 3/24/10 11:38 AM
Alstom bosses held in fraud case
Three directors of French engineering group Alstom have been held in a UK corruption probe, the Serious Fraud Office says. news.bbc.co.uk | 3/24/10 11:29 AM
Three Alstom chiefs arrested in UK corruption probe

Three members of the board of French engineering group Alstom in Britain have been arrested on suspicion of bribery and corruption, the Serious Fraud Office (SFO) said Wednesday.

They were detained in dawn raids at nine locations across Britain involving over 150 police and SFO officials and have been taken to police stations to be interviewed.

"Three members of the board of Alstom in the UK have been arrested on suspicion of bribery and corruption, conspiracy to pay bribes, money laundering and false accounting," the SFO said in a statement.

www.france24.com | 3/24/10 11:26 AM
GDF, Alstom Seek Saudi Partners for $400 Billion in Contracts
ACWA Power International, the biggest Saudi power project developer, was rebuffed by GDF Suez SA and Marubeni Corp. in 2004 when it proposed partnering to bid for a $2.4-billion desalination and power plant. www.businessweek.com | 3/15/10 9:16 PM
Alstom looks to high-speed train maintenance contracts
While bidding to supply the world's fastest train to China, Alstom is looking at another gold mine in the country - high-speed train maintenance services. In the eyes of Kim Chan, China managing director of Alstom's transport sector, the logical next step after the country's ambitious goal of building 18,000 km of high-speed passenger rail lines by 2020 is how to ensure greater reliability and availability of the trains that can run at least 250 km per hour. "The Chinese operating environm ... english.people.com.cn | 3/7/10 10:51 PM
Zhuzhou proposes to build Metro cars in Montreal

Chinese train company Zhuzhou Electric Locomotive expects to create up to 1,000 new jobs in Montreal if it beats a Bombardier-Alstom consortium bid to build new subway cars for Montreal's Metro system.

www.topix.net | 2/9/10 7:07 AM
Alstom's Rs 490-cr investment cleared
Swiss co to set up plants with Bharat Forge. economictimes.indiatimes.com | 1/22/10 12:43 AM
Alstom-Bharat Forge venture cleared
To manufacture super-critical and sub-critical power plant equipment www.thehindu.com | 1/21/10 11:27 PM
Cabinet panel approves Alstom, Bharat Forge joint venture
The joint venture by a consortium of France's Alstom and Bharat Forge Ltd will manufacture super critical and sub-critical power plant equipment in India. www.dnaindia.com | 1/21/10 9:25 AM
Alstom, Schneider Ink Deal To Buy Areva's T&D Unit
(Adds details starting in the second paragraph.) PARIS -(Dow Jones)- French nuclear group Areva SA (ARVCY, CEI.FR) said Wednesday it has signed an agreement to sell its power transmission and distrib... story.venezuelastar.com | 1/20/10 8:22 PM
Alstom Cut To Equal-weight At Morgan Stanley
FRANKFURT -- French power and transport firm Alstom S.A. was downgraded on Wednesday to equal-weight from overweight at Morgan Stanley. "We do not believe there is enough upside in our base case to w... story.venezuelastar.com | 1/20/10 9:12 AM
European Stocks Decline as Alstom, HSBC Retreat; Cadbury Gains
Jan. 19 (Bloomberg) -- European stocks declined as a report showed investor confidence in the region’s biggest economy fell for a fourth month and sales at Alstom SA missed estimates. Asian shar... story.venezuelastar.com | 1/19/10 10:51 AM
Italian firm CMN alleged to have undercut UK pay at Staythorpe plant
Protesters calling on Alstom to give British workers fair access to construction jobs at Staythorpe power station last year. Photograph: Christopher Thomond British workers at a power plant project ... story.venezuelastar.com | 1/18/10 7:23 PM
South Africa: Boost for New Plant As Eskom Gets R13 Billion
ESKOM had concluded a R13bn export credit agency loan with five French banks to finance part of the Medupi and Kusile turbine contracts with Alstom S&E Africa, the power utility said yesterday. allafrica.com | 12/29/09 7:25 AM
Eskom gets funds
Eskom Holdings Ltd, the South African power utility facing an expansion funding shortfall, agreed a 1.19 billion euro ($1.7 billion) loan facility with five French banks. Eskom will borrow money from BNP Paribas SA, Calyon, Societe Generale SA, Natixis SA and Credit Industriel et Commercial, the Johannesburg-based company said. The loan will be used to partly pay for turbines being bought from Alstom SA for use at two planned coal-fired power plants, Medupi and Kusile, Eskom said. The loan i ... english.people.com.cn | 12/29/09 5:03 AM
Alstom bags Slovenian contract
NEW DELHI: Alstom has been awarded a supply contract, worth about euro 700 million (Rs. 4.700 crore), by Slovenian state-owned utility, Termgetsoelektrarna Sostanj for the construction of a 600 MW coal-fired steam power plant at Sostanj in ... www.thehindu.com | 12/11/09 8:33 PM
France defends Areva deal

French Prime Minister Francois Fillon on Thursday hit back at charges of economic nationalism sparked by the sale of a major division of nuclear giant Areva to two French firms.

State-controlled Areva plans to sell its power transmission and distribution network to Alstom and Schneider Electric, having rejected bids from Japanese and US firms.

"I read in the press that we were are being accused of economic patriotism," Fillon told workers at an Alstom plant in eastern France.

www.france24.com | 12/3/09 7:05 PM
Alstom, Schneider win Areva unit battle
Alstom SA and Schneider Electric SA are in exclusive negotiations with Areva SA of France for its power-grid subsidiary, knocking out overseas bids from General Electric Co and Toshiba Corp. Alstom, which makes high-speed trains and energy-generation equipment, and Schneider, a maker of electrical circuits, bid 4.09 billion euros ($6.14 billion) for Areva T&D, the nuclear reactor company said. The French state, which owns 91 percent of Areva, expects to complete the transaction in 2010. ... english.people.com.cn | 12/2/09 5:04 AM
Areva Unit Goes to French Buyers
In a blow to rival bidders GE and Toshiba, the transmission and distribution unit of French nuclear giant Areva will be sold to Alstom and Schneider Electric www.businessweek.com | 12/1/09 7:30 PM