Regulatory Filings • Mar 31, 2014
Regulatory Filings
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31 March 2014
Alstom has secured a contract with SOC1 to build the 740 MW2 Zubair gas-fired power plant, near Basra in southern Iraq. The contract is valued at close to €400 million3 .
For this turnkey project, Alstom will be responsible for engineering, building and commissioning the plant as well as supplying key equipment - most notably four highly reliable GT13E2 gas turbines. Technical support and engineering expertise for the project will come from Alstom's Power Generation headquarters in Baden, Switzerland, and its German gas turbine manufacturing facility in Mannheim.
"Capturing the Zubair project is another confirmation of Alstom's strong presence in Iraq's gas-fired power generation sector," said Gas Business Senior Vice President Steve Meszaros. "As the country pushes forward with reconstruction and expansion efforts, Alstom is yet again there to work with partners to assist in modernising Iraqi infrastructure."
The plant will support the expansion of the Zubair oil field near Basra. This project will make Alstom the only original equipment manufacturer to have secured more than one engineering, procurement and construction (EPC) contract in Iraq, following its success securing the similar Al Mansurya plant project north-east of Baghdad in2011.
Alstom is a global leader 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.
Virginie Hourdin / Claire Biau – Tel. +33 1 41 49 21 36 / 39 95 [email protected] ; [email protected]
1 Southern Oil Company, a joint venture composed of ENI, Ministry of Energy of Iraq, Oxidental & KoGas
2 Gross capacity
3 The contract was booked in Q4 of current fiscal year
Sapna Lalwani (Alstom Thermal Power) – Tel +41 56 55 63 342 [email protected]
Sylvie Sala (Middle East Media Relations) Tel +971 562168305 [email protected]
Delphine Brault, Anouch Mkhitarian – Tel. +33 1 41 49 26 42/25 13 [email protected], [email protected]
www.alstom.com
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