ISGEC trades in red despite bagging new order for its 100th CFBC Boiler
ISGEC Heavy Engineering Ltd achieved a new milestone on Tuesday of crossing 100 CFBC boilers.
These boilers are used across a wide spectrum of industries and sectors. The credit, in this particular case, also goes to their ongoing technical collaboration with Sumitomo SHI FW, which was formerly known as Foster Wheeler.
Sumitomo SHI FW has supplied ultra-supercritical circulating fluidised bed combustion (CFBC) boilers for the 2,200 MWe project at KOSPO in South Korea. This plant has 4 x 1,570 TPH ultra-supercritical CFBC boilers, which have now been in operation for more than 3 years.
The CFBC technology offered is state-of-the-art and regarded as the latest generation technology that offers customer benefits in terms of low maintenance, higher availability, higher efficiency, low LOI in ash, and a wide range of fuel firing capabilities; thus, helping the clients to save on costs. Also, it is proven to be ideal for controlling emissions.
The company has a number of joint ventures as well as strategic technology partnerships with leading global companies. ISGEC currently ranks 220 in the Fortune India 500 listing, and 236 in the ET 500 listing.
On Wednesday at the close of the market, the share price of ISGEC Heavy Engineering Ltd was trading 0.23 per cent lower at Rs 614.20 on BSE.
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