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March 21, 2007

Vericor Signs Distribution Agreement with ICL

Companies will Target the Cogeneration Market in India

Quebecor Installation
Sucha Singh & Tom Bray Ink Distribution Agreement
 
Vericor Power Systems and International Coil Ltd (ICL) signed an agreement to distribute Vericor’s VPS™ series industrial gas turbine gensets in India. ICL will focus on Combined Heat & Power (CHP) opportunities using the VPS gas turbine exhaust heat to directly fire an absorption chiller, thus avoiding the necessity for a steam boiler.

“The VPS Series packages are compact, rugged, and reliable. They feature the ASE Series aero-derivative gas turbines that have proven themselves over millions of operating hours which make them the ideal choice for our CHP systems” stated Sucha Singh, Managing Director of ICL. “Gas turbines in combination with absorption chillers and heat exchangers provide an economical solution for IT parks and commercial buildings. And the fast economic growth in India, with huge infrastructural projects and special economic zones, represents a tremendous opportunity for these systems. ”

“ICL is an ideal company for our products” said Thomas Bray, Vericor’s President & CEO. “They are a manufacturer and supplier of a wide variety of heat exchanger technologies, and their ability to provide a complete solution makes their CHP systems compelling and economical for their customers. They also have a large and growing customer base and have the expertise and reputation for providing quality products and solutions.”


About ICL
ICL is a New Delhi, India based manufacturer and distributor of a wide range of heat transfer products like Air Cooled Fluid Coolers, Air Cooled Condensers, Process Fluid Coolers, Absorption Chillers and refrigeration technologies. ICL has been in business for more than 40 years and is committed to providing cost effective and environmentally friendly technologies to help solve India’s vast infrastructure needs. Their CoilCo air-cooled fluid coolers are designed and manufactured in their own facility. For additional information visit www.icl-tech.com.

About Vericor
Vericor is an MTU Aero Engines Company based in Alpharetta, Georgia USA. Vericor is the OEM for the TF and ASE series aeroderivative gas turbines, and supplies systems and related services for marine, oil and gas and power generation customers. For additional information visit www.vericor.com



Editor Contact:
Tom Bray
(770) 569-8803
tom.bray@vericor.com
 
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