France's Alstom has won 5 million euros in the Israeli contract

  Alstom, the French leader in railway engineering and power generation group, doing business with Israel on Monday announced agreement to build the value of five hundred million euros (729 million U.S. dollars) a power plant.

 

"Alston, today signed an EPC (engineering, procurement and construction), worth about five million euros Vandalia Power Energy Limited to build 835-megawatt gas power plant in Israel Tzafit contract, "the group said in a statement.

 

Under the agreement, which "represents Alstom's gas into the first of the Israeli market, " the French group will take "and related civil works and supply of two 417 MW gas-fired combined cycle unit of the building. " responsibility

 

Tel Aviv is located in the southeast, the plant will begin production in 2014. It is expected to increase by 835 megawatts of electricity, the Israeli national grid, accounting for 7 percent of the country's generating capacity.

 

With a 96,500 on the total number of 70 countries,  the French firm posted 23 billion euros (33.55 billion dollars) of sales in 2009-2010 fiscal year.