The announcement was made after market hours on Monday, 8 July 2013.
Meanwhile, the S&P BSE Sensex was up 147.72 points, or 0.76%, to 19,472.49.
On BSE, 4,457 shares were traded in the counter as against an average daily volume of 6,383 shares in the past one quarter.
The stock hit a high of Rs 170 and a low of Rs 163.95 so far during the day. The stock had hit a 52-week high of Rs 230 on 3 October 2012. The stock had hit a 52-week low of Rs 138.40 on 25 March 2013.
The stock had outperformed the market over the past one month till 8 July 2013, rising 1.75% compared with the Sensex's 0.54% fall. The scrip had also outperformed the market in past one quarter, rising 6.28% as against Sensex's 4.81% rise.
The mid-cap company has an equity capital of Rs 47.82 crore. Face value per share is Rs 2.
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Alstom T&D India said it won a contract from Bajaj Infrastructure Development Company, to supply electrical Balance of Plant (e-BoP) package for their upcoming 3 x 660 megawatts (MW) Super Thermal Power Project (TPP) in Lalitpur, Uttar Pradesh. The contract is worth approximately Rs 200 crore.
India has an ever-increasing need for secure, reliable energy and Super Thermal Power Plants are critical to ensuring this constant power supply across the country. The Lalitpur plant will be a major power supplier to the state of Uttar Pradesh in northern India, which has around 200 million inhabitants, the company said in a statement.
e-BoP feed power to the equipment within a power plant to maximise availability of the power plant's electrical system. They are essential for efficient and stable operations. Under this contract, Alstom T&D India is responsible for the design, engineering, supply and installation of the e-BoP at the Lalitpur plant, which includes supply of Station Transformers, Unit Transformers and other Electricals for the project. The equipment will be manufactured at Alstom T&D's state-of-the-art transformer facility in Naini, Uttar Pradesh, the company said.
Commenting on this success, Rathin Basu, Managing Director, Alstom T&D India said, "This is Bajaj Infrastructure's first power project using supercritical technology. Alstom T&D India has won several e-BoP projects in India, particularly in the high end segment above 300 MW and for 600/660 MW power plants. As of now, around 9000 MW of projects are under execution by Alstom T&D, which highlights our expertise and leadership within the e-BoP segment."
Alstom T&D India's net profit rose 16.9% to Rs 53.08 crore on 7.3% growth in net sales to Rs 1088.61 crore in Q4 March 2013 over Q4 March 2012.
Alstom T&D India is a market leader in the Indian power transmission sector. 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 kilovolt 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.
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