Raytheon, Foster Wheeler land Chinese boiler contract
Raytheon Engineers & Constructors Inc. and Foster Wheeler Energy Corp. have been selected to provide a boiler island for two power plants in China in a contract valued at approximately (US)$185 million.
Raytheon will support Foster Wheeler in providing services and equipment to China National Technical Import and Export Corp. in Beijing for two 300-MW anthracite coal-fired power plants near Ezhou City in Hubei Province. Hubei Electric Power Industry Bureau is the plant owner. The project is financed by the Overseas Economic Cooperation Fund of Japan and is scheduled for completion in early 1997.