GEI procures two orders worth Rs 135 cr from the power sector

GEI Industrial Systems, a leader in heat transfer technology, today announced that the Company has secured contracts worth Rs 135 crore for the supply of 11 nos. of Air Cooled Vacuum Steam Condensers (ACSC) for different plant capacities.

The order consists of 3 units of 80 MW Independent Power Plant being set up by Sarda Energy in Vishakapatnam and Sterlite Industries in Tuticorin, the order for which has been placed by Tata Projects India Limited.

Commenting on the new order win, Mr. C E Fernandes, CMD, GEI Industrial Systems said, “With its strong order book position, the company is firmly set on the path of growth and has entered into the next league. Consistent quality and timely delivery of goods has helped us emerge as the preferred partner to the players in the power sector.”

About GEI Industrial Systems Limited
(BSE code: 530743, Bloomberg: GEIN@IN Reuters: GEIH.BO)
GEI Industrial Systems Limited, an ISO 9001-2008 Company with ASME “ U”, “R” and “NB” Stamp is a leader in Heat Transfer Technology. GEI Industrial specializes in design, engineering, manufacturing, installation and commissioning of extended surface heat transfer equipment and systems. The company provides Air Cooled Heat Exchangers for Crude Oil Refineries, Petrochemical Plants and LNG and CNG processing stations and Air Cooled Vacuum Steam Condensing package for thermal power stations. GEI Industrial has an unbeatable track record in the Oil, Gas and Power sectors with equipments installed in North and South America, Europe, Africa, Asia and Australia.