Engineering firm Thermax Ltd today said it has secured a contract worth Rs 580 crore for a gas- based power plant from a domestic petrochemical company.
The company has bagged a 72 MW gas-based power project from an Indian petrochemical major for its aromatic complex in a special economic zone, Thermax said in a filing to the Bombay Stock Exchange (BSE).
The scope of work includes engineering, procurement and construction of the power plant, it said.
The company, however, has not disclosed the name of the petrochemical firm from which it has received the project.
Shares of Thermax were trading at Rs 707.60 on the BSE, up 0.18 per cent from previous close.