Babcock and Wilcox JV contracts for two coal fired boilers in China

Charlotte, N.C., September 15, 2010 — Babcock and Wilcox Beijing Co. signed a contract to build two 1,000 MW ultra-supercritical coal-fired boilers for a large power plant project in Zhoushan, Zhejiang province, China.

BWBC is a joint venture between Babcock and Wilcox Power Generation Group and Beijing Jingcheng Machinery Electric Holding Co., Ltd.

The two Spiral Wound Universal Pressure boilers, which will be the first 1,000 MW SWUP B&W boilers in operation in China, use one of B&W’s most advanced and efficient coal-fired boiler designs. This design provides increased energy output and lower emissions compared to subcritical boilers.

“With the demand for energy in China at an all-time high, B&W’s ultra-supercritical boilers offer our customers a solution to meet that demand,” said B&W PGG President and Chief Operating Officer Richard L. Killion. “By generating more energy from less fuel, our boilers also help customers produce power more efficiently, economically and in a more environmentally friendly manner.”

Contract activities for the Zhoushan project are underway at BWBC’s facility in Beijing. Delivery is scheduled for mid-2012.

Headquartered in Charlotte, N.C., The Babcock and Wilcox Co. is a company involved in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as an advanced technology and mission critical defense contractor. B&W has locations worldwide and employs about 13,000 people, in addition to about 10,000 joint venture employees.

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