French power equipment maker Alstom bags Rs 270 cr contracts for setting up three hydropower projects in India

NEW DELHI: French power equipment maker Alstom on Monday said it has bagged Rs 270 crore contracts for setting up three hydropower projects in India.

The first contract has been signed with Shiga Energy for the 97 mw Tashiding hydroelectric project based in Sikkim. The second contract has been signed with NSL Tidong PowerGeneration for 100-mw Tidong-I hydro project in Kinnaur district of Himachal Pradesh. The third contract has been signed with Haridwar Infrastructure for 96-mw Dikchu hydroelectric project in Sikkim, Alstom said in a statement.

All the equipment would be manufactured at Alstom's Vadodara facility in Gujarat.

"With these contracts, Alstom will be able to support the government's initiative in developing the power industry as a whole and hydro in particular as part of its commitment to reduce carbon emissions," Alstom Projects India Ltd managing director and vice chairman Francois Carpentier said.

The contracts follow a deal signed by Alstom with Tehri Hydro Development Corp for the 1,000-mw Tehri hydro power plant in Uttarakhand.

Alstom's projects under execution include the 2,000 MW Subansiri Lower hydroelectric power plant in Assam and Arunachal Pradesh.