Thermax Ltd. — Capital/Financing Update 2021

Nov 24, 2021

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Press Release

Thermax bags Rs. 830 crore order for three Flue Gas Desulphurisation (FGD) systems

Pune: November 24, 2021

Thermax Limited has concluded an order of Rs. 830 crore 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.

“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,” says 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.

About Thermax Limited : Thermax Limited, a leading energy and environment solutions provider, is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals. Thermax has manufacturing facilities in India, Europe and Southeast Asia. The sustainable solutions Thermax develops for client companies are environment-friendly and enable efficient deployment of energy and water resources.

For more information, visit www.thermaxglobal.com.