September 18, 2017

Stocks In News - Bagging Order

Bagging Order

  1. The Thermax Group has won a USD 43 million contract from a leading cement company in the UAE for a turnkey captive power plant.
  2. This is the first EPC order that Thermax will be executing for a GCC (Gulf Co-operation Council) country. We intend to expand our footprint in this region where we have been providing business solutions."
  3. The scope of supply includes design, engineering, manufacturing, construction and commissioning of the solid fuel based power plant with 2 CFBC boilers.
  4. The company also would be supplying emission control equipment and water treatment plant for the project, to be commissioned within 18 months.

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