SPX wins $25MM supply contract for three supercritical coal-fired units in India

Source: SPX Corporation

SPX Corporation (NYSE: SPW) announced that its subsidiary SPX Heat Transfer Inc. has been awarded a contract of more than $25 million to supply feedwater heaters and spare parts to three supercritical coal-fired power units in India. 

The agreement was signed with OJSC Power Machines, which has been tasked with the design, engineering, construction and installation of the BARH Phase I projects, which are being built for Indian energy company National Thermal Power Corp. BARH Phase I units 1, 2 and 3 are expected to generate a combined 1,980 MW of power. 

"SPX continues to grow our presence in India's power and energy sector and showcase our broad energy infrastructure engineering capabilities and expertise," said SPX Chairman, President and Chief Executive Officer Christopher J. Kearney. "Securing the opportunity to contribute to a major infrastructure build-out in the world's second-fastest growing economy demonstrates SPX's ability to successfully compete for high-profile projects in emerging markets where energy demand is projected to grow sharply over the coming years." 

Plans call for SPX Heat Transfer to manufacture the feedwater heaters at its main facility located in Tulsa, Oklahoma, and ship the units to India. 

"This is SPX Heat Transfer's second major order for India since we set out to deliver on our industry-leading expertise, and establish a presence in the rapidly expanding Indian market," said Drew Ladau, SPX segment president. "We are pleased to continue our collaboration with OJSC Power Machines, and look forward to expanding our operations in India and other areas of the world where there is a demand for increased energy." 

The plant uses supercritical steam generation, with water being converted directly into steam without passing through the boiling phase. The feedwater heating component pre-heats the water, and facilitates a more gradual heat transfer, thus improving the thermodynamic efficiency of the entire system.

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