Thermax Limited, an energy and environment solutions provider, has inaugurated its new manufacturing facility in Sri City, near Chennai.
The unit will manufacture a wide range of vapour absorption machines including chillers, heat pumps and heaters in its first phase.
Constructed on a 40-acre plot in the Domestic Tariff Zone at Sri City, Andhra Pradesh, with an investment of Rs 166 crore ($ 23 million) in Phase-I, the unit has a capacity to produce 400 machines per year.
“We have come up with a world-class facility that is aligned to our vision of ‘Smart Thermax’ and a significant step in diversifying our operations