Tous Actualités
Suivre
Abonner A-TEC Industries AG

A-TEC Industries AG

EANS-Adhoc: A-TEC Industries AG
AE&E bags contract from Essar to supply boilers to power project in India

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Company Information
05.10.2010
Several other large orders in pipeline for 2010
Vienna, 5 October 2010 - The AE&E Group - the leading international 
plant engineering and construction company that makes up the Plant 
Construction Division of Vienna listed A-TEC Industries AG - has 
secured an order to supply four sets circulating fluidised bed (CFB) 
boilers with a total capacity of 600 MW to the Indian Essar Group´s 
Salaya III power station in the state of Gujarat, part of its growth 
plan to increase power generating capacity from 1220 MW to 11470 MW. 
The contract was awarded to local Indian subsidiary AE&E Chennai 
Works Pvt Ltd. Phased delivery of the four boilers is to take place 
within 25 months.
AE&E is experiencing a big jump in demand going into the fourth 
quarter. A number of major contracts in the energy and environmental 
sector are about to be awarded, and the AE&E Group is excellently 
placed to win them. Clients are particularly impressed by the group´s
innovative technologies in its Asian, Turkish, UK and US growth 
markets. AE&E currently expects to win major orders in the next 
months for its coal and biomass fired steam generators, energy from 
waste plants and flue gas cleaning systems. These orders should lead 
to a total order intake of almost one billion euro at year end.
Salaya III power station marks big breakthrough The order for the 
Essar Group´s Salaya III power station in Gujarat, India comprises 
project management, and the design, engineering and delivery of the 
four CFB boilers, each capable of producing 495 t/h of steam, as well
as erection and commissioning support. The boilers will run on a 
blend of petroleum coke and bituminous coal. The boiler pressure 
parts will be manufactured at AE&E´s manufacturing facility in 
Chennai, India. The boilers are also being designed with the 
capability to fire 100% of coal.
AE&E won the order - its first large boiler contract in India - in 
the face of fierce competition. It already has a long track record of
supplying the Indian public sector. The new contract represents a 
major advance as it gives the group a foothold in the country´s fast 
growing private sector power generation industry. Since AE&E 
specialises in the design and construction of large boilers with 
capacities over 100 MWe the order represents a breakthrough for its 
efforts to win additional business in this area.
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations
Gerald Wechselauer
Phone: +43 1 22760 - 130
Email: ir@a-tecindustries.com

Press Office A-TEC Industries AG
Claudia Müller-Stralz
Pleon Publico Public Relations & Lobbying
Phone: +43-1-71786-107
E-Mail: claudia.mueller@pleon-publico.at

Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wien / Regulated free trade

Plus de actualités: A-TEC Industries AG
Plus de actualités: A-TEC Industries AG