ISGEC bags a large order for Cement Waste Heat Recovery Boilers from Shree Cement | EquityBulls

2022-10-01 04:06:39 By : Ms. Emma Fu

Isgec has received a prestigious order from Shree Cement Ltd. for Cement Waste Heat Recovery Boilers for their 3.8 MTPA clinker capacity, integrated Cement Plant at Nawalgarh, District Jhunjhunu, Rajasthan. The scope of work includes designing, manufacturing, and supplying of PH Boiler in the Pre Heater exhaust and AQC Boiler in the Cooler exhaust. These will be one of the world's largest capacity Cement Waste Heat Recovery based Green Energy Steam Generation Plants and will be used for generating 35.5 MW of power. Isgec had earlier set up similar Cement Waste Heat Recovery Boilers for Shree Cement at their Raipur Line #3 Plant. The current order for the Nawalgarh site will be the third project that Isgec has received from Shree Cement, which says a lot about the quality of the earlier executions. Mr. V .K. Luthra, Business Head, Industrial & Green Energy Boilers at Isgec shared, "We would like to take this opportunity to firmly assure that our team is fully geared up for this new project. Isgec team will work with the highest level of energy & ownership in close coordination with Shree Cement team. We congratulate Shree Cement team and convey our best wishes for this new project which will not only bring laurels for us but also our Nation." Shares of ISGEC Heavy Engineering Ltd was last trading in BSE at Rs. 551.90 as compared to the previous close of Rs. 551.00. The total number of shares traded during the day was 34532 in over 2325 trades. The stock hit an intraday high of Rs. 572.95 and intraday low of 538.00. The net turnover during the day was Rs. 19320649.00.

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