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France’s Alstom Wins $227m Saudi Steam Turbine Deal

France’s Alstom Wins $227m Saudi Steam Turbine Deal

The company will supply four 720MW steam turbine generator sets for the Shuqaiq power plant.

French energy firm Alstom announced that it has won a contract worth around €170 million ($227 million) in Saudi Arabia to supply steam turbine generators for the Shuqaiq power plant.

Alstom was awarded the deal by Hyundai Heavy Industries (HHI), the lead contractor of the project.

Under the contract, the French firm will supply four 720MW steam turbine generator sets for the plant, which is due to begin commercial operations in 2017.

Alstom’s contract includes the engineering, manufacturing, supply and field services for all the four steam turbines and generators, and will also include all direct control and auxiliary systems.

The 2,650MW Shuqaiq power plant, located on Saudi’s Red Sea coast, is expected to be among the world’s most efficient facilities run on heavy fuel oil, a statement said.

The contract is Alstom’s second Saudi energy deal this year – five months ago the French firm was selected to supply five 620MW steam turbines, generators, supercritical boilers and electrostatic precipitators and flue gas desulphurisation systems for the Yanbu 3 plant in the Kingdom.

Late last month, Alstom, as a member of the FAST consortium, also won a turnkey Riyadh metro project contract. The total value of this project stood at €6 billion ($8 billion), with Alstom’s share amounting to over €1.2 billion ($1.6 billion), it said.

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