Thermax signs pact with B&W PGG for utility boilers

Pune: Thermax Ltd and Babcock & Wilcox Power Generation Group Inc (B&W PGG), USA, have signed a technical transfer licence agreement that grants Thermax the right to engineer, manufacture and sell sub-critical B&W Radiant utility boilers in India.

Capacity addition:

The agreement, signed by Thermax Managing Director, Mr M.S. Unnikrishnan, and Mr Brandon C. Bethards, President and CEO of B&W PGG, covers a period of 15 years and boilers up to 800 MW in size. Under it, Thermax can engineer and produce the units at its new manufacturing facility in Gujarat.

The boilers will be used to generate steam in thermal power plants, and can use a variety of fossil fuels including pulverised coal, fuel oil, natural gas and synthesis gases such as blast furnace gas and coke oven gas.

The two companies already have a joint venture for industrial boilers and heat recovery steam generators. The latest agreement will give Thermax the right to use B&W PGG’s technology in the private and public power generation sector where an estimated 80,000 MW of capacity will be added in the next five years.