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).