Thermax

Source: Wikipedia, the free encyclopedia.

Thermax
Company typePublic
Pune, Maharashtra
,
India
Area served
Worldwide
Key people
ProductsIntegrated products in the areas of clean air, clean energy, clean water and chemicals.
RevenueIncrease 4,791.25 crore (US$600 million) (2021)[1]
Increase 206.58 crore (US$26 million) (2021)[1]
Total assetsIncrease 6,506.87 crore (US$810 million) (2021)[1]
Total equityIncrease 3,251.39 crore (US$410 million) (2021)[1]
Websitewww.thermaxglobal.com

Thermax Ltd is an Indian multinational

clean water, headquartered in Pune.[2]

History

Thermax manufactures boilers to harness the power of steam. The company started with producing small, once-through, "baby" boilers to cater to the steam requirements at hospitals.[

Dadar, Mumbai, India as Wanson India Ltd., manufacturing small boilers.[3]

On 15 February 1995 it became a public company on the Bombay Stock Exchange. It has, since long, been known simply as Thermax Limited.[citation needed]

In 2009, it signed a 51–49 joint venture with

US firm SPX Corporation to provide equipment and services for the Indian power sector.[4][5]

In 2010, it signed a joint venture agreement with

US-based Babcock & Wilcox to manufacture super-critical boilers for the power sector.[6]

See also

  • List of boiler types, by manufacturer

References

  1. ^ a b c d "Press-Release_Thermax_q4-and-Annual-Results-for-Fy-2020-2021" (PDF). Retrieved 5 August 2021.
  2. .
  3. ^ "Thermax Ltd". The Times of India. Archived from the original on 16 October 2012. Retrieved 18 February 2011.
  4. ^ "Thermax-SPX JV to have combined investment of 250 mln". Reuters. 26 August 2009. Archived from the original on 15 February 2022. Retrieved 15 February 2022.
  5. ^ "Thermax in JV with U.S. firm SPX". Reuters. 26 August 2009. Archived from the original on 15 February 2022. Retrieved 15 February 2022.
  6. ^ "Thermax in JV with Babcock & Wilcox". Business Standard India. 10 March 2010. Archived from the original on 15 February 2022. Retrieved 15 February 2022.