GEC-Alsthom has won a £140m turnkey contract for a 380MW gas-fired power station at Partington, near Manchester. AES is developing the plant, which will use General Electric’s latest 256MW 9FA gas turbine.
No royal yacht
The royal yacht Britannia will not be replaced or rebuilt, the defence secretary George Robertson, said last week. He said that private finance options would only have been viable with a substantial subsidy from public funds. Britannia itself could be preserved.
TAG Group has been chosen by the Government to lease and operate Farnborough airfield in Hampshire, where the biennial international air show is held. The next show will be held in 1998.
IMI takes over
Engineering group IMI is to acquire for £39m Herion-Werek of Stuttgart, which makes pneumatic control valves. IMI is to assume debts of approximately £47m.
Tubes in new hands
H Rolet & Co, which supplies specialist tubes, waveguide and components for the telecoms industry, has acquired Blackheath Tube of Kingswinford, West Midlands, manufacturer of seamless cupro-nickel and brass tube.
The Home Office has awarded its £1.5bn public safety radio communications project contract to the BT-led consortium, Quadrant. The group became preferred supplier last May when the rival consortium, led by Racal, pulled out.
BICC Cables is to invest £8.5m in its Supertension Cable Systems business to expand production of its cross-linked polyethylene power cables in Kent.