Thermax bags Rs1000 crore power plant order

Energy and environmental engineering company Thermax Ltd has bagged an order for the turnkey supply of a 270 MW power plant being set up by a Hyderabad-based infrastructure company. The contract is valued at Rs 1,001 crore.

The Pune-based Thermax said it will design, construct and commission the coal-based 2x135 MWplant on an engineering, procurement and construction (EPC) basis. However, its statement was silent on the name of the client.

The boilers for this project will be manufactured by Thermax using the circulating fluidised bed combustion (CFBC) technology licensed from Babcock & Wilcox, US. The power plant will have the option of using both imported as well as low-grade Indian coal.

Apart from supplying the largest in the CFBC range of boilers, Thermax will also supply the air pollution control, water treatment and effluent treatment systems. The power plant will use sea water for its cooling requirements.

''As we move ahead, India will need to deploy CFBC technology for the IPP range to overcome the declining quality of Indian coal. This technology, will also help to generate power from the enormous quantity of coal-washery rejects, pet-coke and low-grade lignite,'' M S Unnikrishnan, managing director and chief executive of Thermax, said in the statement.