Published on Wed, Mar 10, 2010 at 14:09 | Source : Reuters
Updated at Wed, Mar 10, 2010 at 15:21
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Thermax, U.S. Babcock & Wilcox in JV pact
Power equipment maker Thermax Ltd has entered into a joint venture with US - based Babcock & Wilcox Power Generation Group to make supercritical steam boilers, two sources with knowledge of the deal said on Wednesday.
Power equipment maker Thermax Ltd has entered into a joint venture with US - based Babcock & Wilcox Power Generation Group to make supercritical steam boilers, two sources with knowledge of the deal said on Wednesday.
Thermax already has a technology partnership with Babcock & Wilcox to make boilers up to 300 megawatt.
In August 2009, it formed a joint venture with diversified US manufacturer SPX Corp to provide air pollution control systems for power plants above 300 megawatts and energy efficiency equipment.
