Foster Wheeler bags CFB steam generator contract in Korea

Foster Wheeler bags CFB steam generator contract in Korea

12:04 PM, 4th September 2012
Foster Wheeler bags CFB steam generator contract in Korea

ZUG, SWITZERLAND: Foster Wheeler AG’s Global Power Group subsidiary has been awarded a contract by Yeosu Cogeneration Corporation, a subsidiary of Hanwha Corporation, for the design and supply of one circulating fluidized-bed (CFB) steam generator located in an industrial complex in Yeosu City, South Korea.

Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed and the contract value will be included in the company’s third quarter 2012 bookings. Commercial operation of the new steam generator is scheduled for first quarter 2015.

Foster Wheeler will design and supply the 60 MWe (gross megawatt electric) CFB steam generator plus auxiliary equipment and provide site advisory services for the project. The CFB steam generator will be designed to burn coal while meeting all applicable environmental standards.

“In recent years, Foster Wheeler has delivered 5 CFB units to Hanwha projects. This order clearly confirms their full confidence in our world-class, competitive and environmentally friendly CFB technology,” said Mark Garvey, CEO, Power Group Asia, Foster Wheeler.

© WOC News

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