The subsidiary will design, engineer and supply waste heat recovery units.
Boustead Singapore announced that its subsidiary Boustead International Heaters Ltd. (BIH) has secured a contract worth $100m to design, engineer, and supply waste heat recovery units (WHRUs) for an energy infrastructure development in Europe.
WHRUs are used in gas processing and hydrogen production, capturing energy from turbine exhaust and flue gases generated by high temperature processes that would have been lost to atmosphere otherwise, then transferred for use by other utilities.
This contract raised Boustead Singapore’s order book backlog to around $823m.
“Since the start of FY2020, our Energy-Related Engineering Division has captured a total of over S$161 million in new contracts across major energy developments in Africa, Asia, Europe and North America, setting us in a good position for FY2020 and beyond,” Boustead chairman and group CEO Wong Fong Fui said.
Do you know more about this story? Contact us anonymously through this link.