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TRF inks pact with Sinofinn New Energy Investment

11 Apr 2012 Evaluate

TRF, Tata group engineering and bulk material handling equipment company has inked pact with a Chinese company Sinofinn New Energy Investment for jointly executing ash handling projects in India.

Shanghai-based Sinofinn, which is already present in India through Sinofinn (India), is a specialist in ash handling. Jamshedpur-headquartered TRF is looking for expansion opportunity in the newer fields of bulk material handling and aims to fulfill the expansion plans by undertaking balance of plant projects in thermal power units.

As per the deal, Sinofinn will offer the complete system engineering and supply key components. TRF will be responsible for the detailed engineering, fabrication and supply other equipment.

Peers
Company Name CMP
Bharat Heavy Elect. 448.90
Thermax 3232.25
Kirloskar Industries 3521.90
Skipper 541.30
INDO-MIM 1357.55
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