Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a wholly owned subsidiary, has secured a significant contract valued at approximately Rs. 1600 Crore (excluding GST). The order is for the supply, engineering, and supervision of a boiler package for a 1 × 800 MW ultra-supercritical thermal power plant located in Madhya Pradesh, India. The contract was finalized on March 27, 2026, marking a substantial addition to the company’s domestic project pipeline.
Major Domestic Order Secured by Subsidiary
Thermax Limited announces that its wholly owned subsidiary, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), has successfully concluded a significant contract. The official signing of the contract took place on March 27, 2026, at 8:05 p.m. IST.
Project Details and Contract Value
The contract involves the supply and supervision of installation and commissioning for a 1 × 800 MW ultra-supercritical thermal power plant. The entity awarding this order is M/s Anuppur Powerprojects Private Limited. This is classified as a Domestic award.
The broad consideration or size of this order is approximately Rs. 1600 Crore excluding GST. The scope of work encompasses comprehensive services, including:
- Design, engineering, manufacturing, and supply.
- Supervision of installation and commissioning.
- Conduct of performance guarantee tests for the boiler package.
Execution and Affiliations
Execution of the project will be closely aligned with project milestones and delivery schedules as defined within the contract terms. The company has confirmed that neither the promoter nor any promoter group companies hold any interest in the awarding entity, M/s Anuppur Powerprojects Private Limited.
The Company Secretary and Compliance Officer, Sangeet Hunjan, confirmed the details of this material development on March 27, 2026.
Source: BSE
