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SPX Corp And Shanghai Electric Group Co., Ltd's Joint Venture Secures Contract For New Dry Cooling Systems

Thursday, 11 Apr 2013 08:00am EDT 

SPX Corp announced that strategic joint venture with Shanghai Electric Group Co., Ltd. (Shanghai Electric) has received new orders for dry cooling systems for four power plants in China totaling more than $80 million. The new orders will see Shanghai Electric - SPX Engineering & Technologies Co., Ltd. (SEC-SPX JV) provide air cooled condensers (ACC) to the Hami and Tianshan power plants located in China, as well as an indirect dry cooling tower (IDCT) to the Guojin power plant, and an indirect natural draft cooling system to the Junzheng Wuhai coal-fired power plant. The core elements for these cooling towers (ACC and IDCT bundles) will be manufactured by SPX Cooling Technologies (Zhangjiakou) Co. Ltd., a wholly owned subsidiary of SPX. 

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