Aimed At Power Plant Boiler Market

Shanghai Electric said that Alstom is a global leader in the field of electricity infrastructure enterprises, through the merger of the two sides complementary assets, the joint venture will not only benefit the company in the world's largest coal-fired utility boilers in China's outstanding competitive and strong market position, could also benefit from Alstom and global utility industry and a wide range of long and close cooperation between its leadership position in clean coal technology and associated stations. After the completion of the transaction, in the main coal-fired power plant market, the joint venture will have a competitive advantage in terms of size, technology, cost structure and global presence, particularly in strong demand mainly in emerging countries.

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