Thermax wins Rs. 271.50 cr order from India’s biggest refinery

Thermax Limited has received an order of Rs. 271.50 crore from India’s biggest oil refinery in the private sector for mechanical balance of plant works for the captive power plant (CPP) at their new oil-to-chemical (O2C) facility in the western part of India. The project is slated to be completed within a span of 16 months.

Thermax with rich 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 & civil works.

On announcement of the news, the shares of Thermax on Friday were at Rs 2,259 up by 0.49 per cent

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