The 2nd edition of India Innovation Forum (IIF) ...
The company will commission a 50 mw gas-based co-generation plant at RCF's facility in Thal, Maharashtra for captive power, it said in a filing to BSE.
Fixing structural constraints that push up inflation could be critical in determining whether the Reserve Bank of India (RBI) considers easing policy further, these officials said, given government officials are already pushing for even more rate cuts.
The scope of work includes system design, manufacture, supply and supervision of erection and commissioning of the power plant.
Heavy engineering major Thermax expects its order book to strengthen in early FY14, with much of the business expected to come in from the food processing and oil sectors.
Capital goods maker Thermax is hopeful of its order book improving post FY13 on the back of investment cycle picking up in various sectors from where it gets orders.
Capital goods maker Thermax, is hopeful of finalizing fresh orders in the second half of this year and is also bullish on maintaining margins by atleast 100-150 basis points, despite unfavourable market conditions.
Less than a year back, Thermax, one of the leading engineering solution providers in the country acquired European boiler maker Danstoker for Rs 187 crore. This could well be the first of a series of small to mid-sized acquisitions that the company plans to make going forward.