Thermax Group has concluded a repeat order of Rs 2.79 billion from a leading public sector Fertiliser company to set up their captive cogeneration plant at Trombay. The project is for a GTG (Gas Turbine Generator)-cum-HRSG (Heat Recovery Steam Generator) based cogen plant of SOMW capacity on an EPC basis.

As a part of the customer's drive to reduce energy consumption as well as dependence on grid power, they plan to install two units of GTG with HRSG to generate power and steam simultaneously.

''Owing to the government's thrust on making India self-sufficient, the fertiliser sector has seen a tremendous growth and so has the demand for power. The need for reliability ofpower supply coupled with energy-efficient technologies makes cogeneration a preferred choice for customers where we have secured multiple orders recently,'' says M.S. Unnikrishnan, MD & CEO, Thermax.

The scope of supply includes design, engineering, manufacturing, construction and commissioning of the cogeneration plant. The project is to be completed in 24 months.

Shares of the company declined Rs 4.55, or 0.4%, to settle at Rs 1,134.70. The total volume of shares traded was 284 at the BSE (Thursday).