About Air and Water

Wednesday, June 6, 2007

Babcock & Wilcox to continue work on three TXU coal-fired projects

Houston Business Journal - April 19, 2007
The Babcock & Wilcox Co. has reached a settlement with affiliates of TXU Corp. over eight coal-fired boilers and other equipment ordered for TXU's solid-fuel, power-generation program in Texas.

Dallas-based TXU (NYSE: TXU) ordered the units in June 2006, but announced its intent to curtail the projects in February 2007. The companies now have agreed to terminate five of the contacts. TXU has paid B&W an additional $79.3 million in respect of these projects and will take title to the equipment and materials produced or procured for them.

Meanwhile, B&W, a subsidiary of Houston-based McDermott International Inc. (NYSE: MDR), will continue to fulfill its contracts on the remaining three units and will supply them to TXU.

The combined remaining value associated with the three contracts was about $350 million as of Dec. 31.
Read more about Babcock & Wilcox
Read more about McDermott International

No comments:

Post a Comment


Travel to other worlds ... UTA Planetarium

Immersive full-dome 3-D Digital planetarium show narrated by Ewan McGregor (Obi wan Kepobi from Star Wars) - Astronaut takes you exporing the worlds of inner and outer space. The movie is projected all around you. You recline in specially constructed chairs which enables you to comfortably view the immersive full-dome planetarium show. Astronaut! (produced from the National Space Centre in England) goes beyond the stereotypical space movie. Experience a rocket launch from inside the body of the astronaut. Float around the international Space Station moving thorugh the microscopic regions of the human body! Discover the beauty and perils as "Chad", the test astronaut experiences everything thrown at him.




Summer Schedule (June 2-August 26):

Astronaut!


shows at the UTA Planetarium.


Wed. through Saturdays at 11 a.m.
and Thursday at 7:00 p.m.




Cosmic CSI

shows at the UTA Planetarium 3-D Digital Dome.


Wed. through Saturdays at 2 p.m.




Rock Hall of Fame 1 (The Original)


shows at the UTA Planetarium.


Thursday at 8:00 p.m.




Read more (Warning their flat dull website doesn't give much of a glimmer of the multi-dimensional experience you'll have once you enter the dome of the UTA Planetarium!)


Admission: Adults: $5.00


Seniors, Students, Children: $4.00


UTA Faculty, Staff & Alumni (with ID): $3.00


UTA Studens (with ID): $2.00


Groups of 10 or more with reservation: $3.00


Call 817 272-1183 or e-mail planetarium@uta.edu