SHENYANG, China, September 25, 2014 /PRNewswire/ — NF Energy Saving Corporation (NFEC) (“NF Energy” or the “Company”), a leading energy saving services and solutions provider for China’s power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries, today announced that it recently signed a RMB 3.64 million (equivalent to $0.6 million) contract to supply flow control systems to Shanxi Xinyou Group’s 2 x 660 MW power plant in Qitai County of Xinjiang Autonomous Region in Western China.
This power plant is a part of the coal-lime-electricity integration project invested by the Shanxi Jinyou Group as an endeavor for a circular economy.
Upon its completion, this project will not only satisfy the local people and enterprises’ demand for electricity, but can also enhance the sustainable development of the local economy and significantly reduce pollution by optimizing utilization of local resources and integrating the production of coal, lime and electricity in one modern facility. This project is considered in China as a best practice of energy saving among regional industries.
About NF Energy Saving Corporation
NF Energy Saving Corporation (NASDAQ: NFEC) is a China-based provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to provide energy saving services to clients. The Company’s customers are mainly concentrated in the electrical generation (large-scale thermal power generation, hydroelectric power, and nuclear power), water supply, and heat supply industries. The majority of revenues are from energy efficient flow control solutions including equipment and energy efficiency project services. For more information, visit http://www.nfenergy.com.
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