Foster Wheeler bags BHI’s steam generators contract in Korea

Foster Wheeler bags BHI’s steam generators contract in Korea

7:11 AM, 8th November 2012
Foster Wheeler bags BHI’s steam generators contract in Korea

ZUG, SWITZERLAND: Foster Wheeler AG’s Global Power group subsidiary has been awarded a contract by BHI Co Ltd for design collaboration on two supercritical pulverized coal (PC) fired steam generators for the Buk-Pyeong power plant project for STX Electric Power Co Ltd (STXEP).

The terms of the agreement were not disclosed. Commercial operation of the new steam generator is scheduled for the fourth quarter of 2015 for the first unit and second quarter of 2016 for the second unit.

BHI, which is Foster Wheeler’s licensee for utility PC technology in the region, will supply two 595 MWe (gross megawatt electric) supercritical PC steam generators and other major equipment for the project, which is located in the province of Gangwon-do, South Korea. The Foster Wheeler design couples the company’s proven wall-fired PC steam generator with advanced BENSON vertical-tube (BVT) supercritical steam technology, achieving plant efficiencies well beyond conventional units.

“This is our first such contract in the South Korean market. The combination of our design package and BHI’s equipment will deliver state of the art steam generator efficiency and environmental performance,” said Byron Roth, Chief Executive Officer, North America Corporation, Foster Wheeler.

“As Foster Wheeler’s licensee for this technology, we are delighted with the contract award from STX Electric Power. We look forward to working with Foster Wheeler to build this environmentally friendly, advanced-technology base-load thermoelectric power plant in Korea,” said Geun-Heung Lee, Vice Chairman of BHI Co Ltd.

© WOC News

 

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