A subsidiary of Foster Wheeler’s Global Power Group has been awarded a contract by Daelim Industrial Co., Ltd. for the design and supply of one circulating fluidized-bed (CFB) steam generator.

The CFB will be used with the SM200 Phase 1 Coal Fired Power Station for Sarangani Energy Corporation., a joint venture company between Alsons Consolidated Resources, Inc. and Toyota Group.

Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed and the contract value will be included in the company’s first quarter 2013 bookings. Commercial operation of the new steam generator is scheduled for 2015.

Foster Wheeler will design and supply the 100 MWe (net megawatt electric) CFB steam generator plus auxiliary equipment for the project which is located in the province of Sarangani on Southern Mindanao, Philippines. The CFB steam generator will be designed to burn coal while meeting applicable environmental regulatory requirements.

“We appreciate the opportunity to showcase our fuel-flexible and environmentally friendly CFB which will provide power to the local residents in the Philippines,” said Gary Nedelka, Chief Executive Officer of Foster Wheeler’s Global Power Group. “Foster Wheeler’s CFB technology is an important part of the solution to meet energy needs while addressing environmental concerns.”