Company Announcement to the Danish Financial Supervisory Authority
No. 20-2009, 30 October 2009
FLSmidth has been awarded a contract worth approximately 35m euros
(DKK 260m) from Coastal Gujarat Power Ltd. - a wholly owned
subsidiary of the Tata Power Company Ltd. - for the supply and
construction of a coal handling system for the company's Ultra Mega
Power Plant project in the state of Gujarat, India. Tata Power
Company Ltd. is India's largest private power utility.
The scope of the supply includes a complete coal handling system to
convey coal from a jetty to a stockpile and from there to the power
plant. The system has a 6800 tonnes per hour stockpiling capacity and
4500 tonnes per hour reclaiming capacity. Apart from one of the
world's largest bucket wheel stacker-reclaimers for coal, the system
also includes a series of conveyors of high speed and high capacity.
FLSmidth has previously received two material handling orders from
the Tata Power Company Ltd. The first came in 2006 and was followed
by another in 2008.
"Material handling systems and products is the fastest growing
segment of FLSmidth's portfolio and this contract demonstrates our
capability of meeting the strictest requirements of a wide spectrum
of industries, including infrastructure sectors such as ports and
energy," Group CEO Jørgen Huno Rasmussen comments.
The order will contribute beneficially to FLSmidth's earnings until
completion in late 2010.
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Please address any questions regarding this announcement to Group
Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at
+45 36 18 18 00.
For further information about FLSmidth, please visit
www.flsmidth.com.
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations
