The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been awarded a contract worth $54 million to design and supply two wet flue gas desulfurization (FGD) units and related components for Northern Indiana Public Service Company's (NIPSCO) R.M. Schahfer Generating Station in Wheatfield, Ind.
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that Generation mPower LLC (GmP), a majority-owned subsidiary of Babcock & Wilcox Nuclear Energy, Inc., has signed a letter of intent with the Tennessee Valley Authority (TVA) that defines the project plans and associated conditions for designing, licensing and constructing up to six B&W mPower small modular reactors (SMRs) at TVA's Clinch River site in Roane County, Tenn. The project is expected to include joint development and pursuit of a construction permit from the Nuclear Regulatory Commission (NRC). The project would also include engineering, procurement and construction (EPC) activities leading to receipt of an operating license from the NRC, assuming certain preconditions are met.
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) has been notified of a contract award estimated at approximately $417 million to Idaho Treatment Group LLC (ITG) to manage and operate the U.S. Department of Energy's Advanced Mixed Waste Treatment Project (AMWTP) at the Department's Idaho Site. ITG has been formed by majority partner B&W TSG, URS Corporation, and EnergySolutions Federal Services, Inc. ITG's four pre-selected small business subcontractors include Safety and Risk Analysis Consulting, Inc.; Strategic Management Solutions, LLC; Visionary Solutions, LLC; and Cabrera Services, Inc.