The Chinese subsidiary of ENEXIO Hungary has won a 16 million Euro project in the Asian energy market in China, in which the Heller® cooling system developed by ENEXIO Hungary will provide process cooling to the power plant.

Contract negotiations following the completion of the project have been completed, with a ceremonial signing on 11 May between ENEXIO Cooling Systems (China) Co. Ltd., owned by MVM Group, and Inner Mongolia Electric Power Construction Group Co., China’s leading engineering contractor. With the project, a new 2x1000MW ultra-supercritical coal-fired power plant will be built in China, Inner Mongolia. The Hungarian patented Heller cooling system was finally chosen from among several competitors to cool the power plant. Today, China is perhaps the most dynamically developing power plant market in the world, so winning such a large-scale professional and technical prestige project is a serious success, not only for ENEXIO Hungary, but also for the MVM Group, as this is the first large-scale contract since the technology contractor’s acquisition in January, which will continue to be a significant reference in the international power plant development market. In connection with the acquisition, the company will soon change its name and from July will continue its activities under the name MVM EGI Ltd.

About ENEXIO Hungary:

ENEXIO Hungary is one of the key player in dry cooling with own manufacturing and R&D. We have been providing our medium and large capacity cooling solutions for many decades in the power market (incl. nuclear) and in other industries. Budapest-based ENEXIO Hungary Ltd. is one of the country's leading energy companies with more than half a century of domestic and international engineering experience. The company is at the forefront of suppliers of indirect dry cooling systems around the world through continuous product, technology and system development, engineering expertise and professional contract execution. Invented by ENEXIO Hungary in Hungary in the early 1950s, Heller System® has gained worldwide recognition as the ultimate dry cooling choice. Heller Indirect Dry Cooling System is applicable for the cold end of all kinds of steam cycles including fossil fired, nuclear, solar and biomass power plants.

Contacts

Headquarters: H-1117 Budapest, Irinyi József str. 4-20/B

Postal Address: H-1117 Budapest, Irinyi József str. 4-20/B

Telephone Number: +36 1 225-6100

Fax: +36 1 225-6193

E-mail: hungary@enexio.com

For more information, please have a look on our website: mvmegi.mvm.hu