Alstom Builds Its Largest Global Hydro Power Base in China
Posted on: Wednesday, 14 September 2005, 09:00 CDT
Alstom builds its largest global hydro power base in China
BEIJING, Sept. 13 (Xinhua) -- Tianjin Alstom Hydro Co., Ltd (TAH), a leading supplier of hydropower generation equipment and systems in China contributed nearly 30 percent share of the domestic hydro market. Alstom now owns 99 percent share of TAH, which was jointly founded with a company under Tianjin municipality in 1995.
With the heavy investment and the full technologies transferred from Alstom, TAH has been turned into the world's first class hydropower equipment manufacture enterprise that is capable of making and supplying the largest hydro turbine, up to 900 MW in the world. The factory covers an area of 60,000 sq m, an annual order volume of more than 170 million euros.
The development of TAH in the past decade reflects the tremendous growth of Alstom's hydropower business in China. As the largest power generation equipment and technology provider to the Three Gorges project, and the winner of the 16 sets of 300MW units Pumped Storage Project, Alstom is by far the unparallel leader in China's hydropower market.
In addition to manufacturing technologies, Alstom has also transferred engineering know-how to facilitate businesses'rapid growth in China.
Philippe Joubert, president of Alstom Power Turbo-Systems and Environment Sectors,said,"we have been continuously delivering as promised, which is evidenced in all our investments and rapidly expanding activities here. We reiterate that China is the most important market of Alstom in the world. Our vision is to become a true Chinese player in all fields, consistently contributing our most advanced technologies and proven know-how to facilitate China in building its electric power infrastructure."
Source: Xinhua News Agency - CEIS
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