Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
20 January, 2022 08:43 IST
Thermax bags Rs 8,300 mn order for three Flue Gas Desulphurisation systems
Source: IRIS | 24 Nov, 2021, 04.47PM
Rating: NAN / 5 stars.
Comments  |  Post Comment


Thermax, an Indian energy and environment engineering company has concluded an order of Rs. 8,300 million from an Indian power private sector company to set up flue gas desulphurisation (FGD) systems for their three units of 660 MW capacity each in the state of Uttar Pradesh. The FGD systems will be installed at their plant to cut down SOx emissions and comply with the air quality standards set for fossil fuel- based power plants.

"Our proven technological capabilities in the area of air pollution and gaseous abatement, especially FGD, where we are already executing a few large orders, led to this competitive win. In addition to supporting the customer in meeting statutory compliance related to industrial pollution norms, the project reinforces our commitment to the environment," said Ashish Bhandari, MD & CEO, Thermax.

The scope of supply includes design, engineering, manufacturing, civil work, construction and commissioning of the FGD systems. The project is slated to be completed in 36 months.

Shares of the company gained Rs 4.10, or 0.24%, to trade  at  Rs 1,697.50.  The total volume of shares traded  was 6706 at  the BSE (Wednesday).




 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Balu Forge acquires precision machining unit of Mercedes Benz Truck Factory in Germany - 19-Jan-2022 18:34
Ion Exchange secures contract worth Rs 1,370 mn from Numaligarh Refinery - 19-Jan-2022 15:53
CIL's supplies under e-auction log 31% growth during Apr-Dec'21 - 19-Jan-2022 15:09
Manappuram Finance gets nod to raise Rs 8 bn through NCDs - 18-Jan-2022 19:34
Tech Mahindra acquires Com Tec Co IT - 18-Jan-2022 19:14
Strides gets USFDA nod for Oseltamivir Phosphate for Oral Suspension - 18-Jan-2022 18:07
Lupin gets nod to acquire portfolio of brands of Anglo-French Drugs & Industries - 18-Jan-2022 17:58
ICICI Bank: Leadership position to strengthen; Tech capabilities to drive sustainable growth - 18-Jan-2022 14:36
UltraTech Cement Q3FY22 Review - Outlook positive; Hold - 18-Jan-2022 14:23
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer