Alstom : T&D India Limited announces Q3, 2014-15 results

Alstom T&D India Limited announced its financial results, for the third quarter ended December 2014, following approval by the Company's Board of Directors. 

For Q3, 2014-15 

Order Intake                 : 11,773 MINR

Sales                            : 7,630 MINR

Profit After Tax            : 26 MINR 

For 9 Months ended December 2014 

Order Intake                 : 41,669 MINR ( Y-O-Y + 70% )

Sales                            : 23,417 MINR  ( Y-O-Y + 6%)

Profit After Tax            : 665 MINR  ( Y-O-Y + 22% )

Order Backlog              : 84,000 MINR ( Y-O-Y +30% )

During the third quarter, Alstom announced key contract wins that include order by Ceylon Electricity Board for introducing the first energy management system to the Sri Lankan national grid. It also won orders from Rajasthan Rajya Vidyut Prasaran Nigam Limited to supply a 400/220 kV substation in Bhadla, and expand the existing 400/220 kV substation in Bikaner, both situated in the state of Rajasthan. The Company also secured an order from NTPC Limited to supply a 765 kV switchyard at 2x800 MW Darlipalli Super Thermal Power Project in Sundergarh, Odisha.

Apart from these, Alstom T&D India had some other major successes including orders from Power Grid for 400 kV GIS substation at Betul and orders from state utilities - KSEB[1] and BSPTCL[2] for 110 kV GIS and 220kV AIS substations respectively.

During the quarter, Alstom T&D India achieved a major feat by successfully commissioning Rajasthan's first 765kV substation at Anta. It also commissioned eleven reactors for Power Grid across various sites, 220kV GIS substation at Barmer for Cairn India and 132 kV substation at Serakol for West Bengal transmission utility to name a few.

Rathin Basu, Managing Director, Alstom T&D India said: "Though there is positive sentiment in the industry, market continues to be challenging. With higher order intake during the quarter, order backlog has reached highest level of 84,000 MINR. The Company also delivered on project execution front with the successful commissioning of Rajasthan's first 765kV substation at Anta which is a remarkable achievement for the team."

About Alstom 

Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over €20 billion and booked close to €21.5 billion in orders in 2013/14. 

Alstom T&D India (globally known as Alstom Grid), is a market leader in the Indian power transmission sector. It has over 100 years of expertise in building the transmission infrastructure for the country. Alstom has a strong portfolio of products, solutions and services, comprising the entire range of transmission equipment up to Extra and Ultra High Voltages (765 kV and beyond) including air-insulated switchgear (AIS) and locally manufactured power transformers and gas-insulated switchgear (GIS). It also provides power electronics solutions (HVDC, FACTS) to create super highways and offers highly advanced power management Smart Grid solutions for transmission and distribution including renewable energies integration. With over 3,500 employees and eight world class manufacturing units, Alstom T&D India is future ready to support the rapidly evolving transmission sector in India.  

Press Contacts 

Sapna Lalwani (Alstom India) - Tel +91 120 473 1676 
sapna.lalwani@alstom.com

Website www.alstom.com