Middle East & Africa
The Egyptian Electricity Authority has awarded Alstom`s transmission and distribution business a $42m turnkey contract to supply a high voltage substation in Cairo. Alstom will replace an existing substation and will also supply the associated protection and control equipment and civil works.
Mexico`s Federal Electricity Commission (CFE) has awarded Electricité de France International the contract for the construction and operation of the Rio Bravo power plant in Tamaulipas State. The contract is the latest of ten independent power projects that CFE is planning to tender this year.
Enersur, the Peruvian branch of Belgium`s Tractebel, has awarded Alstom a $33m contract to supply substation and transmission equipment to Enersur`s Ilo 2 project. Alstom T&D will design, manufacture and erect high voltage air insulated substations and transmission lines to link the power plant to the transmission grid of a nearby copper mining company.
Middle East & Africa
The Turkish national power utility TEAS has ordered a $380m power plant from Alstom. The 2x160 MW CFB plant, which will be built in partnership with Teknotes, is the latest of a number of projects announced by the country.
The price war in the power generation equipment business means that for many equipment manufacturers, switchgear sales are forming an increasingly vital role in their financial performance. Margins from medium and high voltage electrical equipment sales are expected to continue to outperform those in the power generation industry for some years to come, even in parts of Asia.
Siemens-Westinghouse, the group formed by Siemens` acquisition of the Westinghouse Power Generation, announced the benefits it sees from the deal. Although the integration of the Westinghouse business is likely to take two years and could cost $500m in restructuring, it will generate about $600m in synergies after about four years.
Power shortages in many parts of Asia can easily be relieved by short gestation projects such as power barges. A project in India is demonstrating just how quickly these can be turned around. It includes two combined cycle units, and the barges themselves have some innovative design features which will allow the developers to forge ahead into this global market.