November 24 -- Sichuan Tianyi Science and Technology (600378.SH) won a 159 million yuan contract for the relocation and reconstruction of the China Gas Turbine Institute to Mianyang, Sichuan province, reports yicai.com, citing a company filing.

Construction is expected to start on January 10, 2012.

The project involves the provision of air cooling systems, non-standard equipment, electrical control systems, and design of part of the civil engineering works.

The company said it is not able to accurately predict the impact of the transaction on its 2011 earnings.

Source:CapitalVue