$126 million buys cleaner air in Petersburg

Foster Wheeler Power Group has been awarded $126 million by Indianapolis Power & Light Company (IPL) to supply and install selective catalytic reduction systems at IPL’s Petersburg Generating Station.

Foster Wheeler Power Group has been awarded a contract from Indianapolis Power & Light Company (IPL) to supply and install two selective catalytic reduction (SCR) systems for IPL’s coal-fired Petersburg Generating Station, Units 2 and 3 located in Petersburg, Indiana.

The contract is valued at approximately $126 million. Foster Wheeler will provide engineering, material supply, construction, commissioning and testing for this installation. SCR operation is scheduled to begin in summer 2004.

According to a statement, these SCR systems will improve air quality by reducing emissions of smog-producing nitrogen oxides (NOx) by up to 90 percent.

‘We are pleased that Foster Wheeler has been selected by Indianapolis Power & Light for this very important project, which demonstrates IPL’s commitment to improved air quality,’ said Bernard H. Cherry, president and chief executive officer, Foster Wheeler Power Group. ‘We look forward to working with the IPL team, and to building on our successful implementation of SCR technology at other coal-fired plants.’

Foster Wheeler began work on the project in January 2003 and recorded the contract in the company’s backlog in December 2002.

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