ISGEC rises on winning order for supply of two waste-to-energy boilers

ISGEC Heavy Engineering Ltd, a diversified heavy engineering company announced today that its boiler manufacturing & piping division has won an order from Hitachi Zosen Inova for provision of two waste-to-energy boilers.

Hitachi Zosen Inova is engineering, procurement & construction (EPC) company headquartered in Switzerland, which specialises in energy from waste.  

Hitachi Zosen Inova requires these boilers for Slough Multifuel Project in Berkshire, UK. These boilers will comprise both pressure as well as non-pressure parts with a capacity of 660 tonnes /day (TPD).  

This is ISGEC’s second order win from Hitachi Zosen Inova. These boilers will be manufactured as per European norms. The project scope consists of detailed engineering, manufacturing, and supply through Mundra port on a free alongside ship (FAS) basis.   

Reacting to this development, at 10.49 am, the share price of ISGEC Heavy Engineering Ltd was trading at Rs 816.40, an increase of 3.58 per cent over its previous day’s trading price of Rs 788.20 on BSE.