Babylon pumped after winning new BHP contract

Babylon Pump & Power has secured a new supply of power generation and dewatering contract with BHP.

Under the contract, Babylon will supply and install power generation and dewatering pumping equipment for the major miner for a minimum term of six months. The works are expected to begin immediately, with commissioning in November. The agreement is estimated to generate some A$670,000 ($472,471) in revenue in its 2019 financial year.

While the contract only has an initial six-month term, the Babylon board said it was “optimistic” an agreement could continue at the end of this period on a rolling basis.

Back in July, Babylon secured a contract through ADENCO Water Management & Civil Engineering to supply, install and maintain power generation equipment for the Surplus Water Pipeline project at BHP’s Mining Area C operation.