SOURCE: Industrial Info Resources

March 14, 2008 07:01 ET

Alstom Signs $2 Billion Contract for Mega-Coal-Fired South African Power Station as Supply Shakeout Continues, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - March 14, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- At a time when major South African industrial and commercial electrical power consumers are in talks with independent power project and packaged power set promoters to bridge immediate supply shortages, the country's power utility Eskom (Johannesburg) is moving ahead with its large midterm and long-term project plans. Supply to key industries has crept up to 95% of normal demand, but companies are living under tight margins as witnessed by BHP Billiton (NYSE:BHP) (Melbourne, Australia) planning for the possible close-down of two pot lines at one of its aluminum smelters.

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