ALSTOM wins 560 millions euros contract to complete largest power plant in Middle East

An ALSTOM-led consortium has won a 627
million turnkey contract with Saudi Electricity Company to add
three generating blocks to the Saudi Arabian Shoaiba power plant,
making it the largest power plant in the whole of the Middle
East.

Under the contract, worth 560 million
to ALSTOM, the consortium will build the final three 400MW units
of the 11-unit steam power plant, increasing the total power
output to more than 4,400MW.

ALSTOM will design, supply, install and
commission the entire power plant, including boilers, steam
turbines generators and the complete balance of plant and systems
for the three units while ALSTOMs consortium partner,
Saudi Archirodon Constructions, will carry out all the associated
civil works. The boilers are designed to burn both crude and
heavy oil, and use ALSTOMs leading low NOx
tangential-firing technology.

The ALSTOM-led consortium also supplied, on a
turnkey basis, the previous eight units at Shoaiba, beginning
with an initial contract won in November 1998. The final units of
the plant, located on the Red Sea coast 100 km south of the city
of Jeddah, are scheduled to be fully operational in the first
half of 2008.

Philippe Joubert, president of ALSTOMs
Power Turbo-Systems and Power Environment Sectors, said: "We are
proud to continue our long-term relationship with the Saudi
Electricity Company and to contribute our world-leading
experience in steam plant technology in one of the most
prestigious projects in the Middle East region."

Press relations: G. Tourvieille


(Tél. +33 1 41 49 27 13)

internet.press@chq.alstom.com 

Investor relations: E. Châtelain


(Tél. +33 1 41 49 37 38)

investor.relations@chq.alstom.com