Monday, October 6, 2008

Thermax bags Rs 450 cr order for power plant

Mumbai, Oct 6 : Engineering firm Thermax today said it has bagged an order worth Rs 450 crore from an integrated steel unit for setting up a 60 mw captive power plant in Andhra Pradesh.

The scope of order includes the supply and commissioning of boilers and turbines, fuel and ash handling system, civil works, water treatment plant, pollution control system and storage reservoirs, Thermax said in a regulatory filing to the Bombay Stock Exchange.

However, the company has not disclosed the identity of the integrated steel unit from which it has bagged the order.

"The 60 mw power plant will be built and commissioned on a turnkey basis for a green field integrated steel complex in Andhra Pradesh," the company said.

Shares of the company closed at Rs 364.10, down 9.11 per cent on the BSE.

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