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Ducon Infras' arm enters into an agreement with Wienerberger AG's Indian for dry FGD system
Source: IRIS | 08 Dec, 2016, 12.27PM
Rating: NAN / 5 stars.
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Ducon Technologies India (DTIPL), a Ducon Inc. group company under amalgamation with Ducon Infratechnologies today announced its contract with Wienerberger India. Wienerberger is a wholly owned subsidiary Wienerberger AG -the world's largest producer of ceramic building products.

Wienerberger currently uses pet coke as its fuel for its Karnataka plant, and it has decided to control Suspended Particulate Matter (SPM) & Sulphur Dioxide (SO2) emanating from its plant to comply with the present emission norms.

As per the terms of the contract, DTIPL will install Ducon’s proprietary Dry FGD(Flue Gas Desulfurization) systems to remove SPM and other toxic components as to enable this transition.

DTIPL has already commenced the engineering process and is expected to establish this facility within the contractual execution period which is in FY17.

Aron Govil, Chairman of DTIPL and Ducon Infratechnologies said, ''We are happy to partner with Wienerberger in India in their decision. With our established proprietary technology and execution capabilities in FGD, we should be able to execute this contract on the committed lines.''

He further added, ''As we have maintained in the past, India offers a tremendous potential for FGD systems given its higher dependency on coal and oil for power generation and the changing regime towards pollution control.''

Shares of the company gained Rs 3, or 4.92%, to trade at Rs 63.95. The total volume of shares traded was 66,848 at the BSE (12.11 p.m., Thursday).

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