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Monday, 11 October 2010

Keppel Seghers secures S$341m contract in UK

SINGAPORE : Mainboard-listed Keppel Corp said its subsidiary Keppel Seghers has secured a S$341 million contract in the United Kingdom.

The engineering, procurement and construction contract is for the second phase of the Greater Manchester energy-from-waste project and was awarded by Viridor Waste Management.

Keppel said it will provide proprietary energy-from-waste technology to build a plant called Runcorn II.

Expected to be completed between 2014 and 2015, the plant will have the capacity to treat up to an additional 375,000 tonnes of solid recovered fuel per year derived from household waste.

The new plant will be integrated to an existing plant, Runcorn 1.

The combined plants will have a total capacity to treat 750,000 tonnes of waste per year, and generate 70 mega watts of electricity and 51 mega watts of heat.

Keppel said the contract is not expected to have an impact on the firm's earnings for the current financial year.

- CNA/al

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