The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been awarded contracts totaling more than $40 million for environmental control equipment at two American Electric Power (AEP)(NYSE: AEP) coal-fired power plants in Oklahoma and Texas.
Under the contracts, B&W PGG will engineer and supply a fabric filter for particulate emissions control for AEP Public Service Company of Oklahoma’s Northeastern Station Unit 3 near Oologah, Okla., and two fabric filters for AEP Southwestern Electric Power Company’s Welsh Power Plant Units 1 and 3, near Pittsburg, Texas.
“We value our long-standing relationship with AEP and appreciate the confidence they’ve shown in B&W PGG with the awarding of these contracts,” B&W PGG President and Chief Operating Officer J. Randall Data said. “B&W PGG’s fabric filters are part of a complete range of solutions available to help our customers with their emissions regulation compliance needs.”
Material delivery for Northeastern Unit 3 is scheduled for mid-2014. Materials for Welsh are scheduled for delivery in 2014 and 2015.