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Last updated on May 26, 2012 at 17:19 EDT

NF Energy Wins Bidding on 2x660MW Supercritical Coal-firing Power Plants in India

August 25, 2009
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SHENYANG, China, Aug. 25 /PRNewswire-Asia/ — NF Energy Saving Corporation
(OTC Bulletin Board: NFES; “NF Energy”), a Chinese leader in energy efficient
flow control systems, today announced the Company won the bidding on 2x660MW
supercritical coal-firing power plants in Haryana, a state in Northern India.

NF Energy will supply twenty-eight sets of fluid-control butterfly valves
to the projects. The total contract value is US$0.68 million and the expected
delivery date is March 2010. This project is one of NF Energy’s successful
examples of international development strategy.

“NF Energy is highly recognized by customers at home and abroad based on
its industry influence, technology, market performance and project engineering
experience,” commented Mr. Li Gang, Chairman and CEO of NF Energy, “And we
will continue to provide better products and services to customers.”

About NF Energy Saving Corporation

Website: http://www.nfenergy.com

NF Energy Saving Corporation (OTC Bulletin Board: NFES) 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. Headquartered in
Shenyang, China, the Company currently has 220 employees and several
proprietary energy saving technologies and patents.

Safe Harbor Statement

This press release contains certain statements that may include
‘forward-looking statements’ as defined in the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are often identified by
the use of forward-looking terminology such as “believes, expects, anticipate,
optimistic, intend, will” or similar expressions. Such forward-looking
statements involve known and unknown risks and uncertainties that may cause
actual results to be materially different from those described herein as
anticipated, believed, estimated or expected. Investors should not place undue
reliance on these forward-looking statements, which speak only as of the date
of this press release. The Company’s actual results could differ materially
from those anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company’s periodic
reports that are filed with and available from the Securities and Exchange
Commission. All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their entirety by
these factors. Other than as required under the securities laws, the Company
does not assume a duty to update these forward-looking statements.

    For more information, please contact:

     Howard Gostfrand
     American Capital Ventures, Inc.
     Tel:   +1-305-918-7000 (office)
            +1-305-466-1747 (fax)
     Email: info@amcapventures.com

SOURCE NF Energy Saving Corporation


Source: newswire