FLSmidth receives order for material handling project in India
(Thomson Reuters ONE) -
Company Announcement to the Danish Financial Supervisory Authority No.
05-2010, 15 March 2010
FLSmidth has signed a contract worth 53m Euros (DKK 400m) with Indian National
Thermal Power Corporation Limited (NTPC) for the engineering, supply and
construction of a coal handling system for their power plant. The plant is
located at Rihand, Utter Pradesh in Northern India.
The coal handling system is part of an expansion of the 2000 MW power plant.
The scope of the supply includes a complete coal handling system to convey coal
from the ground hopper to the stock pile and thereafter to the boiler bunkers
inside the plant. Major equipment included is track hoppers, plough feeders,
wagon tipplers, coal crushers, bucket wheel stacker and reclaimers as well as a
series of belt conveyor systems. The coal handling system can handle 1650 tonnes
of coal per hour.
"The Indian government's ambition to ensure power to all parts of the nation
will in the coming years generate several large power projects in the country.
FLSmidth's existing competencies and recent acquisitions within material
handling and now a contract with India's largest power producer gives us a
perfect position for further business - especially within material handling and
ash handling technologies," Group CEO Jørgen Huno Rasmussen comments.
The order will contribute beneficially to FLSmidth's earnings until completion
in early 2013.
-------------------------------------
Please address any questions regarding this announcement to Group Chief
Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations
[HUG#1394077]
Link to PDF version: http://hugin.info/2106/R/1394077/351079.pdf
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