Thermax subsidiary secures ₹1,600 crore boiler supply order for 1x800 MW power plant
Thermax subsidiary, TBWES, secured a ₹1,600 crore boiler package supply order for a 1x800 MW ultra-supercritical thermal power plant in Central India. The order includes manufacturing, supply, installation supervision, commissioning, and performance testing.
A ₹1,600 crore order is a material development for Thermax, directly impacting its order book and future revenue streams.
The announcement details a significant new order win for the company, which is expected to boost revenue and market presence.
Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a wholly-owned subsidiary of Thermax, has secured a significant boiler package supply order valued at approximately ₹1,600 crore. This order is from a leading thermal power projects company in Central India for a 1x800 MW ultra-supercritical thermal power plant.
The scope of work encompasses manufacturing, supply, supervision of installation and commissioning, and performance testing of the boiler package. The execution will be aligned with the project milestones and delivery schedules as defined in the contract.
Ashish Bhandari, MD & CEO of Thermax, stated, "This order marks a significant breakthrough for Thermax and reinforces our proven capabilities in large scale energy solutions. We thank our customer for their trust in Thermax and look forward to delivering this project with accelerated timelines and successful execution."
TBWES specializes in providing equipment and solutions for steam generation, catering to various fuels and heat recovery applications. They also offer solutions for the chemical, petrochemical, and refinery segments, along with renovation and modernization services for boilers and heaters, and digital solutions.
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Thermax Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Thermax Limited. Read the original for the full detail.