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6 March 2007 -- Alstom, in consortium with the Spanish utility Iberdrola, has just signed a contract with the state-owned utility Comision Federal de Electricidad (CFE) to modernize the Laguna Verde nuclear power plant located in the state of Veracruz, in Mexico. The total order value is estimated at approximately 470 million euros, of which Alstom's share is around 150 million euros.

Alstom's scope of supply is for the full retrofit of two steam turbines, each with one high pressure and two low pressure cylinders, and the supply of new generators. Consortium leader Iberinco, the engineering and construction business of the Iberdrola Group, will supply the balance of plant.

The project will increase the current installed capacity of the plant by 20 percent, from 1,350 to 1,634 MW. The work began Friday and is scheduled for completion by 2010. Laguna Verde is the country's only nuclear power plant, and the refurbishment work is part of CFE's strategy of optimising all its energy resources and maintaining a diversified and independent energy supply in the country.

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