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20 November, 2017 22:51 IST
Thermax bags first EPC power plant order worth USD 43 mn
Source: IRIS | 14 Sep, 2017, 10.11AM
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Thermax Group has won a USD 43 million contract from a leading cement company in the UAE for a turnkey captive power plant. This is the first EPC order that Thermax will be executing for a GCC (Gulf Co-operation Council) country.

The scope of supply includes design, engineering, manufacturing, construction and commissioning of the solid fuel based power plant with 2 CFBC boilers. Thermax (Q,N,C,F)* also would be supplying emission control equipment and water treatment plant for the project, to be commissioned within 18 months.

Shares of the company gained Rs 25.55, or 2.84%, to trade at Rs 924.10. The total volume of shares traded was 5,137 at the BSE (9.59 a.m., Thursday).

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