Thermax secures Rs830cr order to set up Flue Gas Desulphurisation systems

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.

Nov 24, 2021 02:11 IST India Infoline News Service

Thermax Limited has concluded an order of Rs830cr 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.

At around 2.50 pm, Thermax Ltd was trading at Rs1,693.60 per piece up by Rs0.2 or 0.01% from its previous closing of Rs1,693.40 per piece on the BSE.

“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 Limited.

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.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity