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12th February 2013

NTPC orders three supercritical turbine islands from Alstom-Bharat Forge joint-venture for its Nabinagar project

ALSTOM Bharat Forge Power Ltd . (ABFPL), a leading power equipment joint - venture between Bharat Forge Ltd. and Alstom Power Holdings SA , has received an order for the engineering, manufacturing, supply, erection and commissioning of 3x660MW coal - fired, supercritical turbine generator islands (TGI) worth Rs. 2,251 crores (~€ 350 mn) , from NTPC. The TGI would be supplied to the upcoming power producing project at Nabinagar, Bihar, owned by Nabinagar Power Generating Co. Pvt. Ltd., a joint - venture between NTPC and the Bihar State Electricity Board.

“We are delighted to have bagged this order for 3x660MW units which strengthens the resolve of Bharat Forge’s joint - venture with Alstom to contribute significantly to enable India achieve self - reliance in its energy security and meet the vision of ‘power for all’ its citizens ”, said Mr. Baba Kalyani, Chairman of ABFPL and the Pune - based Kalyani Group.

Prior to this in April 2012, ABFPL also bagged an order from NTPC for supplying 2x660MW coal - fired supercritical TGI , worth Rs. 1,570 crores , for its upcoming power producing project in Solapur, Maharashtra. The Solapur and Nabinagar TGI orders form part of NTPC’s bulk tender in 2011 in which ABFPL was the lowest bidder for TGIs.

ABFPL is setting up an initial installed capacity of 5,000MW and will offer state-of-art technology proven to stringent parameters of performance the world-over.

Supercritical plants use steam with very high temperatures and pressure, resulting in a much higher efficiency than conventional coal - fired plants. This results in lesser consumption of coal and lower emissions per unit of power produced.

About Bharat Forge

Bharat Forge Ltd. (BFL) is the flagship company of the US D 2.5 billion Kalyani Group -- a global provider of high performance, innovative, safety critical components and solutions to va rious industrial sectors including Automotive, Oil and Gas, Aerospace and Rail and Marine. BFL today has the largest repository of metallurgical knowledge in the region and offers complete end - to - end capability from concept to testing and validation to marquee global OEM’s. At the cusp of a breakout growth and transformation into an engineering conglomerate through its aggressive foray in capital goods and infrastructure sectors, BFL is committed to proactively expedite India’s transformation into a global economic giant.

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 92,000 people in around 100 countries. It had sales of €20 billion and booked close to €22 billion in orders in 2011/12.