Babcock & Wilcox announced that its B&W Thermal business segment has signed an agreement valued at approximately $246M for a gas conversion project for a power plant in North America. Under the agreement, B&W has received limited notice to proceed for the coal-to-natural gas project. Notice to proceed for the full contract is anticipated in the fourth quarter of 2024. B&W will convert the plant’s two coal-fired boilers – totaling more than 1,000 megawatts – to use natural gas fuel. B&W’s full scope would include the design and installation of new burners, air systems, fans and other equipment necessary to implement the fuel switch.
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