Company Announcement to the Danish Financial Supervisory Authority No. 23-2010, 10 June 2010
FLSmidth has been awarded a contract worth approximately EUR 36m (DKK 265m) by Korba West Power Corporation Limited for supply and installation of a 1,800 tonnes per hour coal handling plant for their upcoming 2x600 MW power plant, currently under construction at Raigarh, Chhattisgarh, India. The company is a wholly owned subsidiary of Avantha Power & Infrastructure Limited.
The order comprises track hoppers, paddle feeders, stacker, reclaimers and pipe conveyors as well as a belt conveyor system, ring granulators, vibrating grizzly feeders and trippers. FLSmidth electrical and air pollution control equipment is also included in the supply.
"This coal handling package is the sixth material handling order awarded to FLSmidth in just seven months. It reinforces the strength of FLSmidth's "One Source" offering and shows the customers' appreciation of the advanced technology and complete solutions available from FLSmidth's material handling business as well as the Indian organisation's capability to execute large turnkey projects," Group CEO Jørgen Huno Rasmussen comments.
The order will contribute beneficially to FLSmidth's earnings until commissioning in early 2013.
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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