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

Posted on: Tuesday, 25 August 2009, 07:30 CDT

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.

SOURCE NF Energy Saving Corporation

Source: PR Newswire

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