FLSmidth Awarded Order For Indian Coal Handling Project

Danish industrial plant maker and services supplier FLSmidth & Co. A/S (FLS.KO) said Tuesday it has been awarded a contract for the supply and installation of an Indian coal handling plant; the order has a value of EUR25 million.

MAIN FACTS:

- India's Jhabua Power Ltd. has placed an order with FLSmidth for the supply and installation of the first phase of a 1,800 tons per hour coal handling plant for their upcoming power plant project at Jhabua in the state of Madhya Pradesh in central India. Jhabua Power Ltd. is a wholly owned subsidiary of Avantha Power & Infrastructure Limited.

- The order constitutes the first phase of the project. FLSmidth has also received a letter of intent on phase two of the project and it will, if it becomes an effective contract within 12 months, have an additional value of approximately EUR10 million.

- The contract includes design, engineering, manufacture, fabrication, supply, testing and transportation to site on turnkey basis. The order entails the supply of wagon tipplers, apron feeders, stackers and reclaimers, a belt conveyor system, ring granulators, vibrating grizzly Feeders and Trippers. In the supply is also FLSmidth electrical and air pollution control equipment including a dust suppression and extraction system to ensure that all pollution control requirements are met.

- FLSmidth is a specialized supplier of equipment and services to the global cement and minerals industries. It's employing over 10,000 people in more than 40 countries world-wide, who generated 2010 sales of EUR2.71 billion.

 
-By Flemming Emil Hansen, Dow Jones Newswires; Contact: [phone]; [e-mail]