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A-Power Signs DG Contract to Build Biomass Power Plant in Thailand

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Dec 23 2009

A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) ("A-Power" or "the Company"), a leading provider of distributed power generation ("DG") systems in China and a fast-growing manufacturer of wind turbines, today announced it has signed a definitive DG contract with Thailand's Biomass Electricity Co., Ltd. ("Biomass Electricity") to develop a 150 MW biomass firing power plant in Prachinburi, Thailand.

This contract covers the design of the power station, the procurement and installation of the three main engines and other auxiliary equipment. In addition, A-Power will be the general contractor for the five main power station systems: the civic engineering system, the chemical water treatment system, the output system, the electrical system and the thermal control system.

The total value of the contract is US$ 86 million, which includes fees related to design and installation, and expenses related to procurement and sub-contracting with third-party vendors and construction companies. This biomass DG project has commenced in December and the estimated duration of the project is 27 months.

Source: http://www.apowerenergy.com/

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