Thu, May 17, 2012, 3:34 AM SGT - Singapore Markets open in 5 hrs 26 mins

Alstom wins 830 mln eur power plant deal in Malaysia

PARIS, Feb 23 (Reuters) - Alstom on Thursday said it has secured an 830 million euros ($1.10 billion) contract as part of a consortium that will build a supercritical coal-fired power plant in Malaysia.

Supercritical power plants operate at a higher temperature than regular coal-fired power plants, which improves their efficiency.

The total value of the consortium's contract, which includes Malaysian building materials company Mudajaya and construction firm Shin Eversendai, is over 1 billion euros, Alstom said.

($1 = 0.7552 euros) (Reporting by Elena Berton; Editing by Christian Plumb)

 

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