Alstom has reportedly signed a €50 million contract to supply Jaiprakash Power Ventures (JPVL) with equipment for a new hydroelectric plant planned for the Alaknanda river Uttaranchal, India.

Under the terms of the contract, Alstom will supply and supervise the erection of turbines, governing systems, spherical valves, butterfly valves, generators, a static excitation system, bus ducts and computerised power plant control and monitoring systems.

The plant is one of the few large IPPs in the hydro sector in the country and is being built under a Build-Own-Operate contract.

The plant is due to be completed in December 2006.