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Velan Books Ample Valve Contract for Indian Ability Plants

Post n°151 pubblicato il 17 Settembre 2011 da guoxianteng

MONTREAL, QUEBEC, Sep 15, 2011 (MARKETWIRE via COMTEX) -- Velan Inc. CA:VLN +1.51% appear that its German sales administration subsidiary, Velan GmbH, has appointed an adjustment of added than US$20 actor to accumulation valves to a Russian boiler architect for three 660 megawatt units of the Barh supercritical coal-fired ability bulb in India. The chump in India is NTPC Limited (National Thermal Ability Corporation), the better state-owned power-generating aggregation in India.

Velan GmbH offers an chip accumulation of myefox complete valve bales to European engineering companies and users. This adjustment includes high-pressure gate, globe, and analysis valves and beef accessories bogus by Velan, as able-bodied as assurance valves with silencers, ascendancy valves, butterfly valves, and actuators bogus by six added companies in Europe.

The Velan sanitary valves alms of artificial high-pressure valves includes six ample 20" motor-operated artificial aboideau valves in F91 absolute for 2900 appropriate chic service. These valves accept the Velan patented Ultraflex(TM) high- burden and high-temperature block architecture and different jumpsuit closed-die physique accomplishment for above superior and abiding performance.

These ability plants use super-critical beef generation, whereby baptize is instantly adapted into beef after casual through the baking phase. Supercritical ability plants accomplish at college pressures and temperatures to advance ability and abate ammunition burning and greenhouse gas emissions. NTPC afresh commissioned its aboriginal supercritical ability bulb at Sipat area Velan GmbH aswell supplied sanitary diaphragm valve for a agnate chip accumulation adjustment with a agent architect in Russia.

Stefan Wingerath, President of Velan GmbH, declared "This important adjustment is the acme of several years of plan with our Russian customer, the engineering company, and NTPC in India. We are appreciative to be a allotment of India's development of supercritical ability plants."

About Velan GmbH

Velan GmbH provides procurement, expediting, abstruse resources, and valve activity administration casework to its customers, alms complete valve bales to European engineering companies and valve users.

About Velan

Velan Inc. ( www.velan.com ) is a world-leading artist and architect of automated valves. The Aggregation employs over 1,800 humans and has accomplishment plants in 10 countries. Velan Inc. is a accessible aggregation with its shares listed on the Toronto Stock Exchange beneath the attribute VLN.

Safe Harbour Statement

Except for absolute advice provided herein, this columnist absolution may accommodate advice and statements of a advanced attributes apropos the approaching achievement of the Company. These statements are based on suppositions and uncertainties as able-bodied as on management's best accessible appraisal of approaching events. Such factors may include, after excluding added considerations, fluctuations in annual results, change in chump appeal for the Company's articles and services, the appulse of amount pressures exerted by competitors, and accepted bazaar trends or bread-and-butter changes. As a result, readers are brash that absolute after-effects may alter from accepted results.

 
 
 
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