TD Power's subsidiary bags Rs 150 crore project
TD Power bagged an EPC contract worth Rs 150 crore to set up a 27 megawatt captive power plant in Chhatisgarh.
July 12, 2013 / 18:23 IST
AC generators manufacturer TD Power Systems today said its wholly-owned subsidiary, D F Power Systems, has won an EPC contract worth Rs 150 crore to set up a 27 mw captive power plant in Chhatisgarh.
The scope of the contract includes setting up a 27 MW cement waste heat recovery (WHR) based captive power plant on complete EPC basis for a cement manufacturer in India, for their upcoming unit in Chhattisgarh, the company said in a statement issued here.Also read: Coal Regulator: A major reform; positive for power sector"This order marks our foray into cement waste heat recovery based power sector, starting with a largest project in the country so far," TD Power Systems Managing Director Nikhil Kumar said.This sector is strategically very important for the company, since it has immense potential to grow. "Our recent successful commissioning of a 53 mw WHR based power project in steel industry for a mega steel manufacturer and this foray into WHR based power project in cement sector emphasises our focused efforts in renewable power sector business," he added.DF Power Systems provides complete EPC solutions, comprising design, engineering, procurement, project management, construction, erection and commissioning services in the thermal power sector, in both conventional and renewable segments. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
