11:08 AM EST - Aecon Group Inc. : said its wholly-owned subsidiary Innovative Steam Technologies, or IST, was awarded two contracts valued at over $22 million to supply its Once-Through Steam Generators or OTSG to S&W Energy Solutions for a project in Ghana and to British Columbia Hydro and Power Authority. As per the terms of the first contract, IST will design and supply four OTSG units for S&W Energy Solutions. The OTSGs are scheduled for an October 2010 delivery. Under the terms of the second contract, IST will design and supply one OTSG unit to B.C. Hydro and Power Authority. The unit is scheduled for a March 2011 delivery. Aecon Group Inc.
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