Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  ENGIE    ENGI   FR0010208488

ENGIE (ENGI)
My previous session
Most popular
  Report  
Real-time Quote. Real-time Tradegate - 01/17 10:57:49 am
13.618 EUR   +0.87%
2018ENGIE : A technical turn-around configuration
2018ENGIE : to Maintain Current Level of Ownership in Suez SA
DJ
2018ENGIE SA : quaterly earnings release
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

FIRST SECTION OF DAKAR'S REGIONAL EXPRESS TRAIN: ENGIE INEO AND THALES DELIVER ON THEIR COMMITMENTS; GROUND TRANSPORTATION EMERGING SENEGAL DAKAR

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 10:54am EST

The first section of the Regional Express Train (Train Express Regional, or TER) that will link the capital of Dakar to Diamniadio (36 km) will be formally handed over in the presence of His Excellency Macky Sall, President of the Republic of Senegal, on 14 January, as announced when work started in December 2016. Electrical tests were conducted successfully on this section of the TER from 5-9 January 2019.

For this project, ENGIE Ineo (lead contractor) and Thales have mobilised their talent and expertise in the design and construction of rail electrification, revenue collection, signalling, and telecommunication systems, working with APIX* (delegated contracting authority for the TER) and a host of project partners.

When both sections are completed in 2020, the Regional Express Train will link Dakar to the new Blaise Diagne International Airport in 45 minutes (14 stations, 55 km of track). This remarkable project will provide Dakar and its suburbs with an ultra-modern transport system featuring the most advanced technologies to ensure the highest levels of safety, reliability, comfort and passenger service. It is part of the Emerging Senegal Plan launched in 2014 to promote the economic and social development of the country, and reflects a commitment by ENGIE and Thales to deliver smart mobility solutions and enable harmonious progress that respects the environment and enables positive human development.

A multi-technology Franco-Senegalese team was put in place to meet this major challenge and provide Senegal with its first rail link equipped with the most high-performance solutions on the market.

World-class expertise to a short deadline

With this project, ENGIE Ineo and Thales have demonstrated their leadership in the specialist areas of energy and rail systems for which they were chosen.

ENGIE Ineo is conducting all the necessary design and development studies, managing the project and supervising overall integration testing with the TER. The ENGIE Ineo and Thales teams are delivering all the technical systems, which include rail electrification systems for the TER, power rail and station power supplies, passenger Wi-Fi connectivity on the trains and in the stations, the passenger safety systems at the stations as well as providing the European Train Control Systems (ETCS) Level 2, which provides train speed supervision, computer-controlled interlockings, centralised traffic command and control system, axle counters for safe train detection, passenger information system, central ticketing system and gates for each station.

The conditions for completing the project, which crosses the densely populated part of the capital, reflect the know-how of the ENGIE Ineo and Thales teams, who have worked to a particularly short deadline to commission the electrical systems along a significant part of the line, as well as the ancillary equipment needed for the event on 14 January. Working with the design offices in Nantes, Paris and Toulouse, more than 360 personnel were involved, with 252 km of cable laid, 2,700 cu.m. of concrete poured and 2,000 masts installed.

Senegalese engineers and technicians have been an integral part of the project from the design phase, and various local companies have been involved in the work through a skills transfer arrangement.

Effective collaboration between project partners

Positive and constructive teamwork between the many companies involved in the project has also contributed to its success. Everyone was committed to the on-time performance of the various work packages. Coordination with APIX (delegated contracting authority) and Senelec, Senegal's national electricity company, was particularly efficient.

Yann Rolland, CEO of ENGIE Ineo, commented: 'We have successfully managed the complexity of this project and designed a latest-generation TER rail link for Senegal, and have appreciated the expertise and engagement of APIX. We will maintain this momentum for the second, 19 km section, which will link Diamniadio to the international airport. We are determined to pursue our growth and contribute to projects in our core areas of expertise, in line with the ENGIE Group's development strategy.'

Yves Joannic, Head of Main Line Signalling activities at Thales, added: 'As a leader in rail signalling systems, Thales is applying the full scope of its expertise and potential for innovation to this major TER project for Dakar. We are providing our latest-generation products to ensure optimally efficient operation and the highest levels of safety on this line. Once completed, the TER will link the centre of Dakar to the new Blaise Diagne International Airport in 45 minutes, contributing to the economic and social development of the country.'

APIX: Senegal'sNational Agency for the Promotion of Investments and Major Projects

Contact

Sonia Le Guevel, Thales Media Relations - Transportation

+33 1 57 77 91 60 sonia.leguevel@thalesgroup.com

(C) 2019 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ENGIE
01/16Brazil Solicitor General Overturns Injunction Related to Petrobras Asset Sale..
DJ
01/15UAE PROVIDES GOOD ENVIRONMENT FOR WE : ENGIE CEO tells WAM
AQ
01/14GROUPE ADP : France will not put off planned asset sales - finance minister
RE
01/13U.S. warns German companies of possible sanctions over Russian pipeline
RE
01/12ENGIE : to acquire Suezs nuclear maintenance business
AQ
01/11FIRST SECTION OF DAKAR'S REGIONAL EX : Engie ineo and thales deliver on their co..
AQ
01/11ENGIE : via its corporate impact fund ENGIE Rassembleurs d'Energies, further pro..
AQ
01/10ENGIE : via its corporate impact fund ENGIE Rassembleurs d'Energies, further pro..
PU
01/09ENGIE : Buys Suez's Nuclear Maintenance Activity
DJ
01/09ENGIE : With the acquisition of SUEZ's nuclear maintenance activity, ENGIE, via ..
PU
More news
Financials (€)
Sales 2018 62 893 M
EBIT 2018 5 059 M
Net income 2018 2 347 M
Debt 2018 23 694 M
Yield 2018 5,55%
P/E ratio 2018 13,86
P/E ratio 2019 12,48
EV / Sales 2018 0,90x
EV / Sales 2019 0,87x
Capitalization 32 876 M
Chart ENGIE
Duration : Period :
ENGIE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ENGIE
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 15,0 €
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Isabelle Kocher Chief Executive Officer & Director
Jean-Pierre Clamadieu Chairman
Paulo Almirante Chief Operating Officer
Judith Hartmann Chief Financial Officer & Executive Vice President
Gary Leibowitz Finance Director
Sector and Competitors
1st jan.Capitalization (M$)
ENGIE7.78%37 440
ELECTRICITÉ DE FRANCE-0.72%46 965
NATIONAL GRID PLC4.74%35 140
SEMPRA ENERGY4.03%30 831
ORSTED1.93%28 490
E.ON4.45%22 587