SHENYANG, China, September 4, 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 the Company won three heat supply retrofit contracts.
Recently, the Company won three contacts from the North United Power Co. Ltd (NUP) to sell its products to heat supply retrofit projects at NUP’s subsidiaries of the Huhehot Thermal Power Plant and Baotou Thermal Power Plant. The contracts’ total value is close to $1 million.
Located in Huhehot City, Inner Mongolia, NUP is a large-scale energy enterprise jointly owned by Inner Mongolia Electric Power Investment Co. Ltd, Huaneng Group China, Shenhua Group and Hong Kong CITIC Pacific Company. With power generation and supply of heat, gas and coal as its main business, NUP produces electricity for Inner Mongolia and the Beijing-Tianjin-Tangshan triangle region, and also supplies heat to urban communities and gas to industrial clients in major cities of Inner Mongolia.
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 its 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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