A subsidiary of Foster Wheeler has entered into an agreement with Essar Projects India (EPIL) for the provision of technology licence for utility sized circulating fluidized-bed (CFB) steam generators.
The CFB generators will be sold in India under the terms of the 20-year agreement.
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The value of the contract has not been disclosed.
Gary Nedelka, Foster Wheeler Global Power Group CEO, said this agreement will allow Foster Wheeler to further demonstrate world-class utility CFB technology and provide it with full access to the fast-growing power market in India.
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By GlobalData
