Under-fire signal firm linked to 20 rail projects

More than 20 rail projects across the mainland are using signalling components and control equipment supplied by Casco Signal, the company whose malfunctioning devices were initially implicated in both the deadly Wenzhou high-speed-train crash in July and Tuesday's Shan

Thursday, 29 September, 2011, 12:00am

Judges allow searches in Alstom probe

British judges have permitted the UK Serious Fraud Office (SFO) to go through information possessed by UK-based executives of French transport and energy giant Alstom

The inquiries are part of international investigations into suspected global bribery that possibly includes Hong Kong and the mainland.

15 Jul 2011 - 12:00am

Merger creates world's biggest boiler maker

French power and transportation equipment major Alstom has signed a preliminary agreement with Shanghai Electric Group to pool their boiler production operations.

Together, based on last year's combined sales of Euro2.5 billion (HK$28 billion), they would be the largest boiler maker in the world.

22 Apr 2011 - 12:00am

Wuhan Boiler surges on Alstom green light

Shares in Wuhan Boiler jumped by their 10 per cent daily limit yesterday after it cleared the final regulatory hurdle opening the way for France's Alstom to buy control of the firm.

11 Jul 2007 - 12:00am

Alstom in power deal

Alstom has been awarded a contract worth 650 million euros (about HK$5.81 billion) to construct a coal-fired power plant in Ho Ping, southeast of Taipei. The contract - one of the first private initiatives in independent power production in Taiwan - was signed yesterday with Ho Ping Power, 70 per cent held by Taiwan Cement Corp and 30 per cent by a CLP Holdings subsidiary.

12 Jan 1999 - 12:00am

Alstom in underground deal

France's Alstom is to supply trains for Shanghai's underground system for US$200 million, boosting the world's second-biggest train-maker's drive into Asia. The company will provide the 24 trains that will link the city's southeast to the north. Alstom is counting on expansion in Asia to offset sluggish growth in its home market.

26 Sep 1998 - 12:00am

Alstom signs historic MOU

Alstom, the Anglo-French energy and transport group, has strengthened its presence in the mainland, by signing a landmark memorandum of understanding with Shanghai Electric Corp. Alstom said it paved the way for greater co-operation in the manufacture of mass transit railway stock.

14 Aug 1998 - 12:00am

Global infrastructure giant Alstom in advanced talks on six projects

Alstom, one of the world's largest infrastructure equipment providers, is in advanced talks with mainland authorities on setting up six joint ventures in a concerted push into the mainland market.

The firm, formerly known as GEC-Alsthom, adopted its new name after becoming a public company in June.

4 Aug 1998 - 12:00am

Alsthom in US$50m coal deal

Alsthom, the Anglo-French engineering group, has signed a deal worth US$50 million to supply coal-handling facilities to Tianjin port. The complex will have an initial capacity of 10 million tonnes a year, which could be doubled if Chinese authorities decide to proceed with phase two.

31 Jul 1998 - 12:00am

New rules on BOT projects to be in place by year's end

The mainland intends to implement new regulations on build-operate-transfer (BOT) projects this year that will accelerate the number of such infrastructure deals, a senior official of the State Planning Commission (SPC) says.

26 Sep 1997 - 12:00am

New World in US$100m BOT project shortlist

Seven international groups, including Hong Kong-listed New World Infrastructure, have been shortlisted in the bidding for China's third build-operate-transfer (BOT) project in Chengdu.

3 Sep 1997 - 12:00am

Power deal

Franco-British joint venture GEC Alsthom says it has won an order worth 26 million Ecu (about HK$240.46 million) to build a power plant in China.

The contract awarded by the China Petroleum Technology and Development Corp is for supply of a 110-megawatt power station for the Tarim Petrochemical plant at Kuerle City, Xiangjiang region.

11 Feb 1997 - 12:00am

UK firm gets invitation for US$2b project

National Power, the British electricity generating company, has been invited to take part in a US$2 billion power station project in Jiaxing, Zhejiang province.

The company may take a potential 20 per cent stake in the 2,680 MW project.

The remaining partners have yet to be finalised.

11 Oct 1996 - 12:00am

Finance delays power contract

The contract to build China's first build-operate-transfer (BOT) power project, the Laibin B plant, has been held up because the front runner among three shortlisted bidders has had financing difficulties.

11 Oct 1996 - 12:00am

Wu courts deals despite debt

Hopewell Holdings managing director Gordon Wu Ying-sheung used his speech at the official opening of Shajiao C power plant yesterday to try to drum up more business for his already-heavily-burdened group.

27 Aug 1996 - 12:00am