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Thermax bags first EPC power plant order worth $43 million in GCC Region

14 Sep 2017 Evaluate

Thermax Group has won a $43 million contract from a leading cement company in the UAE for a turnkey captive power plant. This is the first EPC order that Thermax will be executing for a GCC (Gulf Co-operation Council) country.

The scope of supply includes design, engineering, manufacturing, construction and commissioning of the solid fuel based power plant with 2 CFBC boilers. The company also would be supplying emission control equipment and water treatment plant for the project, to be commissioned within 18 months.

Thermax is 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.


Peers
Company Name CMP
Bharat Heavy Elect. 420.45
Thermax 3456.50
Kirloskar Industries 3657.00
Skipper 573.50
INDO-MIM 1286.80
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