NF Energy Saving Corporation (NFEC), an energy saving service solutions provider for China’s power, petrochemical, coal, metallurgy, construction and municipal infrastructure development industries, recently signed a USD 0.28M contract with Guangxi Baise Baikuang Power to supply its valve products to the supercritical thermal power generation unit located in Xinshan Aluminium Industrial Park. Delivery is expected to begin in November 2014.
The client is a subsidiary of Guangxi Baise Baikuang Group, a state-owned enterprise in diversified mining and related business including coal, manganese ore, bauxite, power generation, electrolytic aluminium, electrolytic manganese, coal mining machine building, logistics and coal mine engineering technical services. The client invested in late 2013 to develop the Xinshan aluminium industrial demonstration park centring on the coal-power-aluminium integration project to answer the government’s call for energy conservation and emissions reduction. Equipped with advanced supercritical electricity generating technology, it is expect that the power plant will provide electricity to produce 300,000 tons of molten aluminium per year upon commencement.
“Although the order represents a small percentage in the project investment, this contract has opened a strategic new market for our company in future”, says Gang Li, CEO of NFEC.