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Thermax wins Rs.503 crore EPC Order for a captive power plant

Thermax Ltd has won a Rs.503 crore EPC order from a leading Government of India enterprise for setting up a captive power plant for its new 3 million ton per annum integrated steel plant in Central India.

Thermax will design, engineer, construct and commission the project on a turnkey basis. The supply of equipment includes 3 - 160 ton per hour capacity (3x160 TPH) boilers that use multiple fuels - blast furnace and coke oven gas from the steel process and light diesel oil and two 40 MW each steam turbines. Steam from the boilers will be used to blow air into the blast furnace and to generate 80 MW of power. The order also includes water demineraliser plant, cooling water system, air conditioning and ventilation system, compressed air system, fire fighting facilities, emergency DG set, etc. This project is designed as a zero discharge plant and an effluent treatment plant based on reverse osmosis will recycle water.

The Thermax Ltd stock was trading at Rs.590.05, down by Rs.0.80 or 0.14%. The stock hit an intraday high of Rs.600 and low of Rs.586.

The total traded quantity was 7058 compared to 2 week average of 3658.

Source: Equity Bulls

Posted On: 2012-11-30 04:07:43

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