Ausenco Hits 2016 Running with $45 Million in Coal Engineering Contracts
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Diversified engineering, construction and project management company Ausenco has secured new contracts expected to deliver A$45 million in forward revenues.
The new awards represent 80 percent of the revenues booked by the company’s APAC/Africa business line in 2015, signalling an exceptionally strong start to 2016.
Specifically, Ausenco is finalizing the terms of an upgrade of the coal handling and preparation plant (CHPP) flotation module at a New South Wales coal facility.
The $17 million lump sum EPC Create phase project scope includes the design, supply, construction and commissioning for a new flotation module, as well as modifications to parts the existing CHPP to support the upgrade.
Ausenco will start work on the project in January 2016 which is expected to take about 12 months to complete.
Ausenco has also been awarded a $15 million three-year Optimize phase contract to provide operations and maintenance services for the CHPP at the Isaac Plains coal mine in Queensland’s Bowen Basin.
The three-year contract extends Ausenco’s long history at Isaac Plains, where it operated the CHPP for five years under the previous owners.
Source: (January 7, 2016) Proactive Investors
About Ausenco
Ausenco is a global, diversified engineering and project management company.
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