Thermax Babcock & Wilcox Energy Solutions (TBWES), a wholly owned subsidiary of Thermax, has secured an order of more than Rs. 580 crore for utility boilers and associated systems from Dangote Industries, a major West African conglomerate, for their refinery and petrochemical complex in Nigeria.
Like the previously executed project, this order includes four units of 400 TPH high pressure utility boilers, along with allied auxiliaries, to be designed and manufactured by TBWES. The scope of supply covers project management, engineering, procurement, manufacturing, supply of plug-and-play boiler modules, and supervision of construction and commissioning.
Thermax's association with Dangote Industries spans several years. In 2017, Thermax secured a publicly disclosed contract valued at approximately US$ 157 million to supply boilers, HRSGs, and flue gas steam generators for Dangote's refinery project in Lekki, Nigeria. Over time, Thermax has supported the group with installation, commissioning, and modernisation of boiler systems, reflecting a trusted and long-standing partnership.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."