Deals26 Nov 2025, 02:01 pm
Thermax Secures Rs. 580 Crore Order from African Industry Major
AI Summary
Thermax Limited has announced that its subsidiary, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), has secured an order valued at more than Rs. 580 crore from Dangote Industries, a major West African conglomerate. The order is for the supply of utility boilers and associated systems for Dangote's refinery and petrochemical complex in Nigeria.
Key Highlights
- Thermax's subsidiary, TBWES, has secured an order worth over Rs. 580 crore from Dangote Industries.
- The order is for the supply of utility boilers and associated systems for Dangote's refinery and petrochemical complex in Nigeria.
- This is a continuation of Thermax's long-standing partnership with Dangote Industries, which began in 2017.
- The scope of supply includes project management, engineering, procurement, manufacturing, supply of plug-and-play boiler modules, and supervision of construction and commissioning.
- Thermax's association with Dangote Industries spans several years, with Thermax previously securing a contract worth approximately US$ 157 million in 2017 for Dangote's refinery project in Lekki, Nigeria.