Shaw agrees plant modification contract

Shaw has been awarded a multi-phase contract with Saudi Electricity Company, under which it will perform a three-phase study to define and recommend operational improvements at 53 power plants throughout Saudi Arabia.

Once the study is complete, Shaw expects to contract with Saudi Electricity Company to provide the modification services for the plants.

The undisclosed value of the contract will be included in Shaw’s Fossil, Renewables and Nuclear segment’s backlog of unfilled orders in the third quarter of fiscal year 2010.