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Thermax Secures Rs. 522 Crore Order for Boilers and Systems

Thermax, the Pune-based boiler, energy and environmental solutions provider, has secured a Rs. 522 crore order for utility boilers and associated systems for a greenfield refinery and petrochemical complex to come up in Rajasthan. The announcement was made in Thermax’s stock filing dated 12th April 2022.

Thermax will design, manufacture and supply two units of 260 TPH high-pressure utility boilers along with allied auxiliaries through its wholly-owned subsidiary, Thermax Babcock & Wilcox Energy Solutions (TBWES). Thermax will thus be responsible for project management, engineering, procurement, manufacturing, construction, and commissioning of the packages. These boilers will be used in the customer’s Captive Power Plant (CPP) for their steam and power requirements. Deadline for this project is 16 months.