NF Energy
NF Energy-saving Corporation of America was listed on NASD OTCBB stock market. (Trading Symbol: NFES.OB). The Company operates its business through its wholly owned subsidiary in China, Liaoning Nengfa Weiye Energy Technology Co., Ltd., which principally focus on manufacturing energy-saving equipments and new energy facilities, contracting with energy-saving & pollution reduction Turn-Key project, and operating Energy Management Contract (EMC) projects.
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NF Energy wins contract to supply six butterfly valves to new coal power plant
NF Energy Saving Corporation (OTCBB: NFEC) said it won bidding on Phase
III of a large ultra-supercritical coal power plant in Zhejiang
province.
NF Energy will supply 6 sets of DN2200
fluid-control butterfly valve to the project, and expects to recognize
revenue from the deal of US$550,000 in the third quarter of 2010.
This power plant is one of China's new ultra-supercritical coal power
plants being built to replace smaller, more polluting and inefficient
coal power plants.
The Phase III of the power plant has a
design capacity of 2x1000 MegaWatts of generation capacity. Its total
investment is RMB8.2 billion (US$1.2 billion).
Coming online
in the third quarter 2011, it will achieve 11 billion Kilowatt hours of
annual electric output. The total installed capacity of the power plant
will be 5000 MW, equivalent to one-third of the Three Gorges Hydropower
Station, becoming one of the largest energy bases in China.
Earlier this month, the company announced it had delivered 24 sets of
its newly developed DN3600 ductile iron butterfly valve to a large
water supply project in Guangzhou, the provincial capital of Guangdong
in Southern China.
Other NF Energy news
- NF Energy Saving shares down as Q4 earnings slide
2011-03-25 - NF Energy signs contract with Fuxin HF Bio-energy for energy savings project in China
2010-09-15 - NF Energy expects to increase revenue by at least 33% in 2010
2010-04-21 - NF Energy expects to benefit from Chinese policies for energy
2010-04-14 - NF Energy expects 2009 earnings to soar 250% as revenues climb 28%
2010-02-26
