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Thermax wins Rs. 471 crore order for two Flue Gas Desulphurisation systems

Posted On: 2019-07-18 17:50:42

Thermax Limited has concluded an order of INR 471 crore from an Indian government power company to set up two flue gas desulphurisation (FGD) systems at their thermal power plant in the state of Jharkhand.

As a part of the customer's drive to meet the mandates for regulating SOx emissions from coal fired power plants, they plan to install two units of FGD systems of 500 MW capacity each at their plant.

"Since its inception, Thermax has been one of the key contributors to the nation's pollution abatement journey by providing sustainable solutions. This prestigious order reinforces our capabilities in supporting power plants to meet the stringent emission laws laid by the government in line with its commitment to the environment," says M.S. Unnikrishnan, MD & CEO, Thermax Limited.

The scope of supply includes design, engineering, manufacturing, civil work, construction and commissioning of the FGD systems. The delivery of the project is scheduled over 30 months.

Shares of THERMAX LTD. was last trading in BSE at Rs.1087 as compared to the previous close of Rs. 1091.95. The total number of shares traded during the day was 1468 in over 298 trades.

The stock hit an intraday high of Rs. 1101.75 and intraday low of 1082.25. The net turnover during the day was Rs. 1607811.


Source: Equity Bulls

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