Thermax plans Rs 200-cr expansion
Thermax India plans to invest over Rs 200 crore in the current fiscal for expansion, said MD MS Unnikrishnan.
By PTI |
NEW DELHI: Thermax India plans to invest over Rs 200 crore in the current fiscal for expansion, said MD MS Unnikrishnan.
The company, which plans to use internal accruals for the investment, had in February signed a Rs 500-crore contract to supply electrostatic power plants to US-based Babcock & Wilcox Power Generation Group.
The contract grants the company the right to manufacture and sell utility boilers of up to 800 mw to generate steam in thermal power plants.
The company, which plans to use internal accruals for the investment, had in February signed a Rs 500-crore contract to supply electrostatic power plants to US-based Babcock & Wilcox Power Generation Group.
The contract grants the company the right to manufacture and sell utility boilers of up to 800 mw to generate steam in thermal power plants.
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