DATED 18 May, 2005 BUILD, OPERATE AND TRANSFER ("BOT") PROJECT AGREEMENT for TWELVE WASTE TO ENERGY (WTE) COMBUSTOR MODULES AND ONE WTE PLANT IN The Republic of Mexico BETWEEN International Power Group Ltd. AND NAANOVO ENERGY USA, INC.Project Agreement • February 15th, 2006 • International Power Group, Ltd. • Sanitary services • Florida
WHEREAS NAANNOVO has proprietary modular waste to energy technology with each module capable of combusting 180 tons per day of municipal solid waste (MSW) to below 10% of its original volume and 20% of its original weight while generating a minimum of 6 megawatts of electricity as a byproduct of the process.
