Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a wholly owned subsidiary of Thermax, has been awarded a significant boiler package supply order worth approximately ₹1,600 crore. The order comes from a leading thermal power projects company in Central India for the development of a 1×800 MW ultra-supercritical thermal power plant.
The contract encompasses the manufacturing, supply, supervision of installation, commissioning, and performance testing of the boiler package. Execution of the project will adhere to the predefined milestones and delivery schedules specified in the contract.
Ashish Bhandari, Managing Director and CEO of Thermax, expressed his enthusiasm about the order, stating, “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 is known for providing equipment and solutions for generating steam for process and power through the combustion of various fuels, including solid, liquid, and gaseous types. The company also specialises in heat recovery from turbine or engine exhaust and waste heat recovery from industrial processes. Additionally, TBWES offers heaters for various applications in the chemical, petrochemical, and refinery sectors, along with renovation and modernisation services for old boilers and heaters.
Thermax Limited, the parent company, is a prominent player in the energy and environment sector, offering a wide range of solutions including clean air, clean energy, clean water, and chemical solutions. With a strong presence across multiple sectors, Thermax is recognised for its expertise in audit, consulting, execution, and maintenance, supported by digital solutions. The company operates 16 manufacturing facilities across India, Europe, and Southeast Asia, and has over 45 subsidiaries worldwide.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).