Boustead Singapore says wholly-owned subsidiary, Boustead Salcon Water Solutions (BSWS) – the specialist in water and wastewater treatment – has been awarded $11 million in two separate contracts from the power industry.

The first contract was awarded by Lilama Corporation — one of the largest state-owned infrastructure engineering corporations in Vietnam — for the design, process engineering and construction of water and wastewater treatment plants for the Vung Ang 1 Thermal Power Plant, a 2 x 600MW coal-fired thermal power plant that will be operated by Vietnam Oil & Gas Group (PetroVietnam) in Ha Tinh, Vietnam.

Although BSWS says it has successfully completed more than 15 projects in Vietnam, this will be the first project in the power industry there.

The second contract was awarded to BSWS by Toshiba Plant Systems & Services Corporation for installation and commissioning services related to an ongoing project for the Tanjung Jati B Power Plant in Central Java, Indonesia.

BSWS is currently completing a 21,160 cubic metres/day desalination plant, among other types of water and wastewater treatment plants at Tanjung Jati B for Toshiba Corporation.

The above contracts are not expected to have a material impact on the profitability, earnings per share and net asset value per share of Boustead in the current financial year ending March 31 2010.