Ducon Infratechnologies, a growing diversified technology company today announced that it has signed an exclusive agreement with Zhejiang Hailiang Ecological Materials of China to market and distribute DeNOx catalyst for the entire Indian sub-continent. DeNOx Catalysts are used to reduce Nitrogen Oxides emission from thermal power plants. As per the new emission regulations1 issued by Ministry of Environment, Forest & Climate Change(MOEF), it is mandatory for thermal power plants to reduce the Nitrogen Oxides(NOx) emission down to 100 mg/Nm3 in a phased manner. This reduced limit cannot be met without installation of a selective catalytic reduction(SCR) system that utilizes catalyst termed ''DeNOx Catalyst''. The DeNOx Catalyst is not manufactured in India and it has a replacement life of 3-4 years for every power plant.

Ducon's DeNOx SCR systems features state of the art catalysis technology and control engineering for easy erection and quick tie-in for new and existing power plants. Besides the low capital equipment cost advantage, Ducon's systems offer ''versatile use'' coupled with complete inspection, engineering, removal and replacement services from the company. The results have been proven across multiple plants world over.

Aron Govil, chairman of Ducon Infratechnologies, said, ''We are extremely pleased to have signed this exclusive agreement with this leading Chinese major. This is a significant development for us as the arrangement paves way for expanding our footprints in Indian SCR market with proven low cost DeNOx Catalyst technology.''

He further added, ''From a business perspective, over the next 10 years, the new SCR systems offer tremendous growth opportunity for us as we envisage ~256,000 MW power plant capacity in India available for installation of SCR systems at an average revenue of Rs 4.5 million per MW.''

Shares of the company gained Rs 0.3, or 2.27%, to trade at  Rs 13.54.  The total volume of shares traded  was  2,340 at the BSE (12.51 p.m., Thursday).