BATON ROUGE, La. -- The Shaw Group Inc. (NYSE: SHAW) in these days introduced it acquired entire recognize to proceed on a new fuel-fired facility at Duke Energy’s Dan River Steam Station in North Carolina.
Scheduled to commence operation in late 2012, the new 620-megawatt all natural gas-fired merged-cycle creating unit will substitute two older units at the facility. At the peak of development, the project will employ added than 400 workers.
“This venture demonstrates Duke’s commitment to supplying cleaner energy and work opportunities for its native communities,” explained Clarence Ray, chief executive officer of Shaw’s Electrical power Group. “Shaw is proud to guide Duke be sure an cheap, trusted and cleaner electricity provide for the future.”
In March 2010, Duke awarded Shaw an engineering, procurement, construction and commissioning services contract for the building of the new facility, and Shaw commenced operating below a constrained discover to proceed.
The undisclosed appeal of the agreement will be provided in Shaw's Electric power segment's backlog of unfilled orders in the 2nd quarter of fiscal year 2011.
Also as a piece of Duke’s long-expression program to increase new generation, modernize the fleet and preserve a diverse fuel portfolio, Shaw is constructing a new 620-megawatt fuel-fired unit at Duke’s Buck Steam Station in North Carolina, which is scheduled for completion in late 2011. The similarities and near timing of the two assignments allow for maximum use of structure replication and other synergies that are resulting in significant price savings to Duke Power.
The Buck and Dan River jobs will use state-of-the art environmental handle systems to decrease plant emissions. These controls, combined with the retirement of the older units on the two webpages, will support cut down environmental emissions of NOX and SO2 at the online websites.
The Shaw Group Inc. (NYSE: SHAW) is a top world-wide supplier of engineering, building, technological know-how, fabrication, remediation and support services for customers in the power, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 small business with fiscal year 2010 annual revenues of $7 billion, Shaw has around 27,000 staff members all-around the planet and is the power sector sector leader according to Engineering News-Record’s record of Top 500 Pattern Firms. For considerably more advice, please go to Shaw’s web-site at www.shawgrp.com.
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