Press Release14 Sept 2024, 03:59 pm
Thermax Subsidiary Secures Rs. 516 Crores Order for CFBC Boiler Supply
AI Summary
Thermax Limited announced that its wholly owned subsidiary, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), has received an order worth Rs. 516 crores for the supply of two 550 TPH Circulating Fluidised Bed Combustion (CFBC) boilers from Jindal Energy Botswana Pty Ltd. The order, amounting to approximately USD 65 million, is an important milestone for Thermax, highlighting the company's expertise in design, engineering, manufacturing, testing, supply, supervision, pre-commissioning, commissioning, and performance testing of CFBC boilers. The delivery period for the order is 25.5 months.
Key Highlights
- Thermax subsidiary TBWES receives Rs. 516 crores order for CFBC boiler supply.
- Order placed by Jindal Energy Botswana Pty Ltd, a foreign entity.
- Involves design, engineering, manufacturing, testing, supply, supervision, pre-commissioning, commissioning, and performance testing of CFBC boilers.
- Order value is approximately USD 65 million.
- Delivery period for the order is 25.5 months.