Thermax to make additional investment in First Energy

Thermax has received its board’s approval for making an additional investment in First Energy (FE), the alternative energy solutions company in which the company has acquired 33% stake in July 2015. It is proposed to make an additional investment of up to Rs 6 crore in FE. The said investment is expected to be completed during the financial year 2016-17.

Thermax 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.