Thermax Power bags order from petrochemical refinery: looks to increased presence in PSUs and IPPs.
Work is progressing on a Rs. 580 crore order for a captive cogeneration plant from a petrochemical refinery in southern India. The gas based combined cycle plant that will generate 72 MW of power and steam for the refinery's Aromatic Complex planned in an upcoming Special Economic Zone (SEZ).
The project comprises two gas turbine generators, one extraction cum condensing turbine, two fired heat recovery steam generators and two oil/ gas fired boilers. Thermax will also provide water and waste water treatment systems and other auxiliaries. The entire engineering, procurement and construction of the power plant including power evacuation, instrumentation, civil works, piping and miscellaneous balance of plant shall be done by Thermax Limited on a turnkey basis in a time frame of 29 months. The project will be done under stringent standards like API grade for gas turbines.
This petrochemical order, following its earlier success with a Rourkela steel plant, gives Thermax the impetus to extend its services to more public sector units.