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Article: Foster Wheeler to Design, Supply and Erect World's Largest Supercritical CFB Boiler Island.
- Article from:
- Business Wire
- Article date:
- January 11, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HAMILTON, Bermuda -- Foster Wheeler Ltd. (Nasdaq:FWLT) announced today that its Finnish subsidiary, Foster Wheeler Energia Oy, and its Polish subsidiary, Foster Wheeler Energia Polska Sp. z o.o., both part of Foster Wheeler's Global Power Group, have received Full Notice To Proceed (NTP) from Poland's Poludniowy Koncern Energetyczny (PKE) for the design, supply and erection of the circulating fluidized-bed (CFB) boiler island for a new 460 MWe power plant at Lagisza in southern Poland. The total investment cost for the new power plant is approximately $550 million.
The contract is valued at approximately $200 million, of which $175 million will be included in ...