Thermax Ltd has announced that the Company has received an order of Rs 415 crore, from a leading steel making Company, for setting up a captive power plant for their upcoming Blast Furnace Complex on an EPC basis. The captive power plant will use the waste gas from the furnace to produce power.
This order is a part of the 4.2 MTPA Steel capacity expansion of the customer. Thermax scope includes design, engineering, manufacture, supply, erection and commissioning of captive power plant with blast furnace gas fired boilers, steam turbine generators and balance of plant.
The stock closed the day at Rs.451.15, up by Rs.14.55 or 3.33%. The stock hit an intraday high of Rs.456.85 and low of Rs.434.
The total traded quantity was 21015 compared to 2 week average of 36173.
0 comments:
Post a Comment