Alstom, a global leader in power generation equipment and services, has signed a ¤950 million contract with Narva Elektrijaamad AS, a subsidiary of Estonia’s state- owned utility Eesti Energia, to supply two 300 MW units for a fossil fuel power plant based on Circulating Fluidised Bed (CFB) boiler technology in Estonia. The power plant, located in Narva, will be fuelled with local oil shale. This agreement includes a first unit of 300 MW for an amount of ¤540 million and an option for a second unit of 300 MW for ¤410 million, which could be exercised by the customer within the next 18 months. The new power plant will supply an important part of the country’s domestic electricity consumption and ensure Estonia’s compliance with the EU LCPD emissions directive by substantially reducing emissions. Under the terms of the contract, Alstom will design, manufacture, supply, install, test and commission the units. This includes the supply of final fuel handling, CFB boiler, steam turbine, flue gas treatment, automation and control systems and electrical systems for each unit.