B&W Chinese JV wins Vietnamese boiler contract

Babcock & Wilcox Beijing Company Limited (BWBC), a Chinese joint venture (JV) within Babcock & Wilcox’s (B&W) (NYSE: BWC) Power Generation Group, has been awarded a $300m contract to design and manufacture two coal fired boilers for PetroVietnam’s Thai Binh II power plant in Vietnam.

The contract also covers the provision of boiler auxiliaries and two wet flue gas desulfurization (FGD) units.

South Korean engineering and construction firm Daelim Industrial Company Limited, which is the project’s lead contractor, selected BWBC to engineer and manufacture the two 600 MW, subcritical downshot boilers according to a B&W design.

B&W’s licensee Zhejiang Tiandi Environmental Protection Engineering Company Limited will supply both wet FGD systems.

Engineering is currently underway at BWBC’s facility in Beijing, with both units scheduled to be completed and operational in 2016.

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