Thursday, March 11, 2010

Thermax, Babcock ink JV for supercritical boilers

Pune-based Thermax will own 51% stake while Babcock will control the remaining 49% in the venture which will have an initial annual capacity of 3,000 MW equivalent.
The supercritical boilers will be manufactured in a new facility that is being planned. The plant will indigenise the technology and contribute to local component development, said the companies in a joint statement.

Pune-based Thermax will own 51% stake while Babcock will control the remaining 49% in the venture which will have an initial annual capacity of 3,000 MW equivalent. The supercritical boilers will be manufactured in a new facility that is being planned. The plant will indigenise the technology and contribute to local component development, said the companies in a joint statement.

The government wants to produce a majority of the proposed capacity addition of 1 lakh MW by super-critical technology which costs less and is more environment friendly. Supercritical boilers operate at high pressures increasing efficiency and producing more energy from the same amount of fuel. They also cause less harm to the environment.

To read more, please, visit The Economic Times

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