Benzinga | Dec 2, 2020 06:30AM EST

B&W Thermal Awarded $20M Installation Contract To Upgrade And Extend Lifespan Of Power Plant

Babcock & Wilcox (B&W) (NYSE:BW) announced today that its B&W Thermal segment will install replacement boiler pressure parts for a power plant in North America. The contract, valued at more than $20 million, was awarded to B&W's subsidiary, Babcock & Wilcox Construction Co., LLC (BWCC).

Under this contract, BWCC will install new superheater sections and furnace panels, some of which were designed and supplied by B&W under a previous contract, to help extend the life of the plant's operations.