First Energy Private Limited (FEPL), a wholly owned subsidiary of Thermax Limited, a leading energy and environment solutions provider has commissioned a 45.80 MW wind-solar hybrid (WSH) captive power plant in the state of Gujarat, India. The state-of-the-art facility has an installed capacity of 24.3 MW of wind energy and 21.50 MW of solar energy. […]
Thermax says its arm Sustainable Energy Solutions stands liquidated – EQ Mag
The winding up of this subsidiary will not affect any business/accounting policies and will not have any significant impact on the financials etc., according to a regulatory filing. Energy and Environment solutions provider Thermax on Tuesday announced that its arm Thermax Sustainable Energy Solutions stands liquidated, as per a National Company Law Tribunal order. The […]
Thermax enters the green hydrogen market in partnership with Fortescue Future Industries – EQ Mag
Thermax Limited, a leading energy and environment solutions provider, and Fortescue Future Industries (FFI), an Australia-based green energy and green technologycompany,have signed a Memorandum of Understanding (MoU) to exploregreen hydrogen projects – including new manufacturing facilities – in India. Under the MoU, Thermax and FFI plan to explore opportunities tojointly develop fully integrated green hydrogen […]
Thermax to benefit from ESG theme, says Jefferies – EQ Mag Pro
In the last one year, shares of Thermax have risen around 38%, beating the S&P BSE Capital Goods index which rallied by 21% in the same time span. Research house Jefferies India Pvt Ltd remains upbeat on Thermax Ltd. In its latest report, Jefferies pointed out that a change in business model of Thermax points […]
RIL’s Solar Energy Foray: Former Thermax MD Lays Down the Challenges
Reliance Industries’ Mukesh Ambani, last Thursday announced in the company’s annual general meeting (AGM) that the company will invest Rs 75,000 crore in clean energy business over the next three years. It aims to set up 100 GW of solar power generating capacity by 2030. What does this mean for the sector, MS Unnikrishnan, former […]
Thermax partners with Steinmtiller Babcock Environment for waste to energy solutions
Thermax Babcock & Wilcox Energy Solutions, a wholly owned subsidiary of Thermax recently signed a know how transfer and license agreement with Steinmtiller Babcock Environment GmbH (SBE), Germany for Waste to Energy technology. As a part of the agreement, TBWES will design, engineer, manufacture and sell Municipal Solid Waste (MSW) fired waste to energy solutions […]
