Energy and environment solution provider Thermax on Friday said the company has bagged an order of Rs 271.50 crore from India's biggest oil refinery in the private sector.
NSE
The company in an exchange filing said the order is for the mechanical balance of plant (MBoP) works for the captive power plant at their new oil-to-chemical (O2C) facility in the western part of India.
The proposed captive power plant is expected to meet the incremental power demand of upcoming projects at the customer’s premise as part of O2C expansion and the establishment of a mega factory, it said.
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Thermax with experience of more than 150-plus EPC projects in the domain has been entrusted by the customer to execute the MBoP work involving engineering, procurement/supply and construction and civil works. The project is slated to be completed within a span of 16 months, the company added.
Thermax is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control, and chemicals. Thermax has manufacturing facilities in India, Europe, and Southeast Asia.
(Edited by : Pradeep John)