China rail and power deals for Alstom

Alstom has signed major agreements in its two business areas of rail transport equipment and power generation during French President Jacques Chirac’s visit to China.  .

Alstom has signed major agreements in its two business areas of rail transport equipment and power generation during French President Jacques Chirac’s visit to China. 

 

These include the supply of 500 locomotives worth €300m and hydro-electricity generation equipment to the value of €100m.

 

Alstom signed a letter of intent with the Minister of the Chinese railways, M. Liu Zhijun, to manufacture the world’s most powerful electric freight locomotives. The overall value of this contract totals €1.2bn, with Alstom’s share worth €300m and its Chinese partner’s, Datong Electric Locomotives, some €900m.

Register now to continue reading

Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.  

Benefits of registering

  • In-depth insights and coverage of key emerging trends

  • Unrestricted access to special reports throughout the year

  • Daily technology news delivered straight to your inbox