Thermax wins Rs. 340 cr order from an Indian steel major

Myequity news service | Date : 29-06-2018 18:30:00 IST

Thermax has concluded an order of Rs. 340 crore from a leading Indian steel manufacturer for a specially designed boiler, electric turbo generators and ancillary equipment for their production facility in Maharashtra, India.

The specially designed boiler will use waste gases produced in the steel manufacturing process to generate high-pressure steam for power generation using high-efficiency reheat cycle.

The scope of work includes design, engineering, procurement, manufacturing, supply, installation and commissioning.

Thermax Managing Director and CEO, M.S. Unnikrishnan said, "Our proven expertise in providing solutions for waste heat recovery from industrial processes that help in optimising energy usage has led Thermax to win this repeat order from the customer".

About Thermax Limited:

Thermax Limited, a leading energy and environment solutions provider is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. Thermax has manufacturing facilities in India, China, Europe and South East Asia. The sustainable solutions Thermax develops for client companies are environment-friendly and enable efficient deployment of energy and water resources.

Thermax Limited closed 0.25% down at Rs 1035.40

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