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
28 January, 2022 03:06 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
Zensar Technologies Q3FY22 Review- Long term prospect looks attractive - 27-Jan-2022 15:00
Maruti Suzuki India Q3FY22 Review-Super bullish and expect 24% upside - 27-Jan-2022 14:33
Federal Bank Q3FY22 Review-Stressed assets stable at 2.6%; RoA at 1% - 27-Jan-2022 14:21
Welspun India joins global coalition to undertake climate action - 27-Jan-2022 13:03
Maruti Suzuki: Above estimate; strong recovery in market share and margin - 27-Jan-2022 12:49
APL Apollo Tubes Q3FY22 Review-Margin strong despite weak volumes - 27-Jan-2022 10:44
Cera Sanitaryware Q3FY22 Review-A positive surprise on margins front; Buy - 26-Jan-2022 11:01
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