GEI Industrial bags two orders worth Rs 40 crore

Heat transfer technology provider GEI Industrial has bagged orders worth Rs 40 crore from two power plant operators.

The first order pertains to air cooled steam condensers from KSK Gorup of Hyderabad for their 43 coal-based captive power plant at Janjgir in Chanttisgarh and second is that of Dharani Sugars and Chemicals for their 22 Mw biogas-based co-generation plant for the unit III plant at Tirunelveli in Tamil Nadu, the company said today.

“Air-cooled heat exchangers and steam condensers are being opted the world over for critical heat transfer applications in process plants, refineries, and gas fields. With water becoming a scarce resource, air is being looked at not just as an eco-friendly measure, but also to cut costs in the long run.” said CE Fernandes, managing director, GEI Industrial Systems Ltd.
 
In July, the company had bagged export orders worth Rs 18 crores in a row for air-cooled heat exchangers from companies in Malaysia, Qatar and Dibba in the UAE. GEI had also bagged three orders worth Rs 50 crore for supply of the same from Essar Construction India, Indian Oil Corporation and Larson & Toubro.