A certain type of TGV, called V150, holds the world record for the highest speed on any national rail system. This record has been in place since April 2007.
Alstom Power India Ltd said it received a Rs 870-million contract by Renusagar power division of Hindalco Industries Ltd for the modernization of two of its 68 MW boilers.
French power equipment supplier Alstom said on Thursday it will expand its manufacturing facilities in India to meet the growing demand in thermal and hydro projects and is eyeing emerging opportunities in the nuclear power sector.
Alstom Power President Phillippe Joubert told reporters the Salt Lake facility would supply high-value engineering skills to projects executed not only in India, but also in North America and Europe. \n
The UK subsidiary allegedly paid bribes to win train infrastructure orders for the Delhi Metro, the Serious Fraud Office said in a filing.
Alstom Power has informed that there is no offloading of shares by ALSTOM Power NV as stated in the said article.\n\n\n\n
Started in 1857, Alstom is one of the grand old companies of Europe.
Alstom is accused of paying bribes to Indian public officials to secure Delhi metro contracts.
Power company Alstom Projects India Ltd on Tuesday said it has received a binding offer from Areva for the purchase of its transmission & distribution (T&D) operations in India for a total consideration of 22.31 million euros.
Alstom Power India Ltd said it signed a Euro 50 million (Rs 2500 million) contract with Jaiprakash Power Ventures Ltd, India.
GE, Alstom land $5.6 billion deals to supply Indian Railways
French power equipment maker Alstom on Wednesday said it would set up an R&D centre in Bangalore and upgrade its Vadodara and Delhi operations as part of plans to make India its global manufacturing hub and exports base.
French power equipment major Alstom on Tuesday said it was setting up a joint R&D centre with software giant Infosys Technologies in Bangalore with an investment of $39 million over the next three years.
"We are targeting India. We will participate in the tender to be floated soon by the Indian Railways for 1,000 electric locomotives. We will offer 10 per cent cheaper price than other companies," Alstom's locomotive platform director Jean-Marc Tessier told PTI. The company unveiled on Wednesday the design of Prime II locomotives, the advanced version locomotives with high speed.
Alstom Power India Ltd has posted a net profit of Rs 76 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 14.90 million in the corresponding period last fiscal.
Alstom Projects was bound to rise today after it declared a sterling 88.3% rise in net profit on Friday.\n\n\n\n
Tamil Nadu Bharatiya Janata Party state president K Annamalai on Friday released 'DMK Files' alleging top ministers from the party and Chief Minister MK Stalin's family members had accumulated unaccounted assets.
Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.
France will extend its expertise to modernise Ambala and Ludhiana stations.
Vellore is one of the two seats that the DMK alliance won by the narrowest of margins in 2019. For the DMK's vote-score to be so low in a constituency with a substantial Muslim population has not missed the BJP strategists' eyes, observes N Sathiya Moorthy.
Two French firms Alstom and Schneider Electric have jointly bid for acquiring transmission and distribution business of Paris-based Areva for an equity value of euro 2,290 million (about Rs 16,000 crore).
Under the plan, there will be 151 private trains covering 109 routes which may entail investments worth Rs 30,000 crore.
The facility, to come up on the public-private-partnership mode, will roll out 120 IGBT (insulated gate bipolar transistor) electric locos of 12,000 horse power every year.
Apollo Tyres chairman and managing director Onkar Kanwar on Tuesday took over as the new president of industry body FICCI for 2004-05.
Even if some of those projects remain on paper, the potential for manufacturers and engineering firms is too big to ignore
The Mittals-controlled Ispat group is reviving the Bhadrawati power project in Maharashtra, following the passage of the Electricity Bill, 2003.
A French multinational is making the trains at its Sri City facility in Andhra Pradesh.
The incidence of shareholder activism in India is more than that in other Asian countries, according to a BNP Paribas Asia Strategy report.
This high-speed train is expected to offer a direct service from London to Frankfurt from 2013.
CRRC Pioneer Electric (India) Private Limited, whose bid for the project is a joint venture of the Chinese firm CRRC Corporation Ltd with a Gurugram-based company according to its website, is one of the six contenders for the tender for procuring propulsion systems or electric traction kits for 44 trains to function as the Vande Bharat Express or Train 18.
Indian CEOs are to be now offered the choice of outsourcing all or part of their managerial responsibilities for a specified period.
Bids for the proposed Rs 1,290-crore (Rs 12.9 billion) Madhepura electric locomotive factory in Bihar will be opened next week, say railway ministry officials.
The Cabinet Committee on Economic Affiars had approved the Rs 1,293 crore (Rs 12.93 billion) greenfield project spread across 450 hectares. British consultancy firm Mott Macdonald has been engaged to prepare bid documents for the procurement. As a special railway joint venture project, it envisages manufacturing locos with 12,000 HP to carry 5,000 tonnes of freight at 100 km per hour on all terrains.
The share prices of power transmission and distribution company Areva T&D rose 2.8 per cent on the Bombay Stock Exchange on Tuesday in anticipation of a possible open offer. A combine of Alstom and Schneider Electric have bought the entire stake in it of its majority holder, French nuclear major Areva.
Finance Minister P Chidambaram has invited French companies to expand their activities in India, particularly in the infrastructure sector. \n
Mitsubishi, Itochu, Bombardier, Siemens, GE and Alstom want piece of action.
Several bilateral economic agreements were expected to be signed on Thursday.
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