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Stock Market & Financial Investment News

News Breaks
February 20, 2013
13:02 EDTBWCBabcock & Wilcox, TVA sign contract for Clinch River mPower construction permit
Babcock & Wilcox announced that its subsidiary, Babcock & Wilcox mPower and the Tennessee Valley Authority have signed a contract to prepare and support Nuclear Regulatory Commission review of a Construction Permit Application for a B&W mPower small modular reactor nuclear plant at TVA's Clinch River Site in Oak Ridge, Tenn. This contract formalizes the first steps toward the anticipated B&W mPower deployment at Clinch River, as contemplated in TVA's May 2011 Letter of Intent to B&W for the project. It also represents the first definitive milestone in the U.S. Department of Energy's recently initiated SMR Licensing Technical Support Program for commercial demonstration of SMRs by 2022.
News For BWC From The Last 14 Days
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January 28, 2015
08:32 EDTBWCBabcock & Wilcox unit awarded contracts for over $200M for biomss power plant
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January 22, 2015
10:03 EDTBWCOn the Fly: Analyst Initiation Summary
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07:43 EDTBWCBabcock & Wilcox initiated with a Buy at BofA/Merrill
Target $33.
January 20, 2015
08:36 EDTBWCBabcock & Wilcox to supply supercritical boiler for Vietnam power plant
The Babcock & Wilcox Company announced that its subsidiary, Babcock & Wilcox Power Generation Group, has been chosen to design and manufacture a supercritical coal-fired boiler and selective catalytic reduction system for the Duyen Hai 3 Extension power plant in Vietnam. The selection was made by Japanese prime contractor Sumitomo Corporation, which will build the 688 megawatt plant for its customer, Power Generation Corporation 1, a subsidiary of Electricity Vietnam. B&W has received a full notice to proceed and the project was booked in the fourth quarter of 2014. Engineering is underway and the plant is scheduled for commercial operation in mid 2018.

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