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Thermax gains 6% after arm wins Rs 250 crore order in Latin America

Thermax Babcock and Wilcox Energy Solutions has concluded a Rs 250 crore order for a claus package and an oxidiser package in the sulphur recovery unit for a greenfield refinery in Latin America

Thermax opens new unit at SriCity; to manufacture chillers, heat pumps
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SI Reporter Mumbai
Shares of Thermax moved higher by 6 per cent to Rs 1,520 on the BSE in intra-day trade on Friday after the company announced that Thermax Babcock and Wilcox Energy Solutions (TBWES), a wholly-owned subsidiary of the company, has concluded a Rs 250 crore order for a claus package and an oxidiser package in the sulphur recovery unit for a greenfield refinery in Latin America.

Thermax, a leading energy and environment solutions provider, 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