LONDON, September 14 /PRNewswire/ -- - Acquisition Secures Proprietary Turbine Technologies for Doosan, Completing the Company's All-Round Capabilities in Power Generation Equipment - Deal Positions Doosan as one of the World's Top-Tier Power Plant Equipment Makers - Doosan Power Systems to Oversee Skoda Power and Doosan Babcock Energy Doosan Heavy Industries & Construction (DHIC), the leading Korean heavy industries company, has signed an agreement to buy Czech power plant equipment maker Skoda Power a.s., which will provide the rights to proprietary turbine technologies used in power plants.

Today President Bush signed new energy legislation into law that will make American manufactured nuclear components, parts and service-related jobs available to foreign markets for building new nuclear power plants. This legislation is anticipated to spur growth in U.S.

Effective immediately The Babcock & Wilcox Companies will change its name to The Babcock & Wilcox Company (B&W), reorganize its operations into four groups including the newly formed nuclear power group and launch a new brand identity.

UK utility EDF Energy has selected the networks division of UK-based Babcock International Group to carry out overhead transmission line work in the east and south east of England, and London.

ENGINEER Babcock International paid pounds 44.9 million to acquire Alstec Group, which supplies fuel handling equipment and safety systems to many UK nuclear power plants. Alstec also has an airports services arm that operates and maintains the automated baggage sorting system at Heathrow.