Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Babcock & Wilcox Granted $75 Mln Construction Contract For Indiana Power Plant

RELATED NEWS
Trade BWC now with 
1/27/2012 12:30 PM ET

Babcock & Wilcox Co. (BWC: Quote) announced that its subsidiary Babcock & Wilcox Construction Co., Inc. or BWCC has been awarded a contract worth more than $75 million to provide construction services for the installation of environmental equipment at Northern Indiana Public Service Company's or NIPSCO R.M. Schahfer Generating Station in Wheatfield, Ind.

The company said that BWCC will erect and install two B&W-designed wet flue gas desulfurization or FGD absorber vessels, and associated reagent slurry preparation and dewatering equipment for the plant's 465 megawatt (MW) Unit 14 and 515 MW Unit 15 coal-fired utility boilers.

BWCC also will procure and erect the absorber and dewatering island structural steel for the wet FGD systems.

Start-up of Schahfer Unit 14 is scheduled for fall 2013 and Unit 15 for fall 2015.

Click here to receive FREE breaking news email alerts for The Babcock & Wilcox Company and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Publishing and design software maker Adobe Systems Inc. said Tuesday after the markets closed that its second quarter profit fell 66% from last year, hurt by lower revenue as well as higher costs and expenses. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations and its quarterly revenue was in line with analysts' forecast. Stocks showed a strong upward move over the course of the trading day on Tuesday, adding to the gains posted in the previous session. The rally came even as traders expressed some uncertainty ahead of tomorrow's Federal Reserve announcement. The major averages gave back some ground going into the close but remained firmly in positive territory. In a potential roadblock to comprehensive immigration reform legislation, House Speaker John Boehner, R-Ohio, indicated Tuesday that he would not bring a bill to the floor unless it is supported by a majority of House Republicans.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.