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ISGEC Heavy Engineering Limited Capital/Financing Update 2021
62409_rns_2021-06-29_75f76353-04c5-4894-a89e-5bfa4e5773eb.pdf
Capital/Financing Update
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Ho-425-S Dated: 29.06.2021
To, To, Registered Office: Floor 25, Exchange Plaza, C-1, Block G, Mumbai 400 001 Mumbai – 400 051 Company Scrip Code: 533033 Company Scrip Code: ISGEC EQ
Bombay Stock Exchange Ltd. National Stock Exchange of India Limited P J Towers, Dalal Street, Bandra Kurla Complex, Bandra (E)
Dear Sir(s)/Madam(s),
Furnishing of Information as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Sub: Isgec Bags a Major Order for FGD-FGC Package from Odisha Power Generation Corporation Ltd.
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- Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is advance information that enclosed press release on the captioned subject is being issued by the Company.
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- This intimation is also available on the website of the Company at www.isgec.com
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- The above is for your information and records, please.
Thanking you,
Yours faithfully, For Isgec Heavy Engineering Limited (S.K. Khorana) Executive Director & Company Secretary Contact Number: 9810188045 SUDERSHAN KUMAR KHORANA Digitally signed by SUDERSHAN KUMAR KHORANA Date: 2021.06.29 15:25:30 +05'30'
Encl: Press Release
PRESS RELEASE
FOR IMMEDIATE RELEASE: For Additional Information contact: Name: Suman Jain Designation: Group Head – Utility Boilers, Air Pollution Control Equipment, and New Technology Development, Isgec Heavy Engineering Ltd., India email:[email protected]
Isgec Bags a Major Order for FGD-FGC Package from Odisha Power Generation Corporation Ltd.
June 29, 2021, Noida: Isgec has received a prestigious order for Wet Limestone Flue Gas Desulphurisation System and Flue Gas Conditioning System Package (FGD-FGC Package) from Odisha Power Generation Corporation Ltd. for their2x660 MW TPPIB Thermal Power Station at Banharpalli, Jharsuguda, Odisha.
Isgec has Collaboration and Technology Transfer agreement with Babcock Power Environmental Inc., USA for Wet FGD, and it is this advanced technology that will be utilised for this project.
The scope of work includes Design, Engineering, Procurement, Fabrication, Construction, Installation, Commissioning, Startup, and Testing of FGD- FGC Package.
"We are excited to associate with Odisha Power Generation Corpn. Ltd. This is a very prestigious order for us from an esteemed State Government organisation. This is our 4th Project in the Wet FGD Business, and we are all geared up to take on and successfully execute this project." said Mr. Suman Jain, Group Head – Utility Boilers, Air Pollution Control Equipment, and New Technology Development, Isgec Heavy Engineering Ltd.
About Isgec Heavy Engineering Ltd.
Isgec Heavy Engineering Ltd. is a diversified heavy engineering company engaged in manufacturing and project businesses with an extensive global presence. In operation for the past 88 years, it provides state-of-the-art, sustainable engineering solutions, with customers & projects spread across 91 countries. Isgec manufactures Process Equipment, Presses, Iron & Steel Castings, and Boiler Pressure Parts. Isgec's EPC portfolio includes turnkey projects for setting up Air Pollution Control Equipment, Boilers, Power Plants, Sugar Plants, Distilleries, Factories, Industrial Water Treatment Facilities, and Bulk Material Handling Facilities. They have also developed strengths in Construction and address the requirements of a wide spectrum of industries namely power, fertilizer, sugar, oil & gas, petrochemicals, steel, cement, chemicals, railways, mines, and ports.
The company has a number of joint ventures as well as strategic technology partnerships with leading global firms. Isgec ranks 220 in the Fortune India 500 listing, and 236 in the ET 500 listing.
About Odisha Power Generation Corporation Ltd.
Odisha Power Generation Corporation Ltd. (OPGC) is a Government Company of the State of Odisha. It operates state of the art thermal power plants at Banharpalli, Jharsuguda. It has a
total generation capacity of 1740 MW (2x210 MW in first phase and 2x660MW in second phase). Incorporated on November 14, 1984, OPGC started as a wholly owned Government Company of the State of Odisha with the main objective of establishing, operating & maintaining large Thermal power generating stations.
SUDERSHA N KUMAR KHORANA Digitally signed by SUDERSHAN KUMAR KHORANA Date: 2021.06.29 15:28:47 +05'30'