Isgec bags two major orders for Dry Sorbent Injection System Package from reputed state power utilities

Isgec has received two prestigious orders for Dry Sorbent Injection (DSI) System Packages from Maharashtra Power Generation Corporation Limited (MAHAGENCO) and The West Bengal Power Development Corporation Limited (WBPDCL) for their 2 x 210 MW (Unit #3&4) Khaperkheda Thermal Power Station and 4 x 210 MW (Unit #, 3,4,5&6) Kolaghat Thermal Power Station respectively.

Isgec has strategic project based Collaboration and Technology Licensing Agreement with United Conveyor Corporation (UCC), USA for DSI Technology, whose advanced technology will be utilised for these projects.

The scope of work includes Design, Engineering, Procurement, Fabrication, Construction, Installation, Commissioning, Startup, and Testing of DSI Package.

"We are excited to collaborate with United Conveyor Corporation for the DSI Technology which further increases our Technology Portfolio in terms of DeSOx solutions for the Indian Power Market These are very prestigious orders for us from two esteemed State Government organisations in India and we are all geared up to take on and successfully execute these projects." said Mr. Suman Jain, Group Head - Utility Boilers, Air Pollution Control Equipment, and New Technology Development, Isgec Heavy Engineering Ltd.

"UCC is pleased to work with ISGEC to help India achieve reduction in power plant pollutants and make World a better place to live in" said Mr. Ashwani Perswal- Director, International Operations, UCC.

Shares of ISGEC Heavy Engineering Ltd was last trading in BSE at Rs. 514.75 as compared to the previous close of Rs. 505.50. The total number of shares traded during the day was 10568 in over 1144 trades.

The stock hit an intraday high of Rs. 521.05 and intraday low of 507.85. The net turnover during the day was Rs. 5448501.00.

Source : Equity Bulls

Keywords

ISGECHeavyEngineering INE858B01029 OrderWin DrySorbentInjection SystemPackages MAHAGENCO WBPDCL