Thermax wins Rs 351 cr contract for captive power plant in Africa

Thermax Limited, the Pune-based energy and environment major, has received a repeat order of Rs 351 crore from a leading African industrial major for supplying a captive power project for one of the conglomerate’s cement plants. The scope of this contract includes system design, manufacture, supply and supervision of erection and commissioning of the plant.
 
In October this year, Thermax had received a Rs 321 crore worth contract from the same African conglomerate to supply a captive power project for one of their cement plants. As a result of back-to-back repeat orders, Thermax can strengthen its position as the provider of lump sum turnkey solutions for customers in Africa.
 
M S Unnikrishnan, MD and CEO, Thermax, said, “We are excited about the business opportunities emerging in Africa. Our two-year project management experience in the continent should really help in seamlessly executing these projects.”
 
The power plant, to be commissioned within a time frame of 15-16 months, will utilise the latest generation atmospheric fluidised bed combustion (AFBC) boilers and high pressure steam cycle to facilitate optimal plant efficiency. Air-cooled condensers will ensure low water utilisation by the power plant, which has also been designed to respond to varying load requirements of the cement plant.