Companies

Thermax lays foundation stone for new plant in Sri City

V Rishi Kumar Hyderabad | Updated on January 15, 2018

Thermax Ltd has performed groundbreaking ceremony on Thursday marking the beginning of construction of its production unit in Sri City.

According to Ashish Vaishnav, Global Head, Cooling Business of Thermax, the plant is expected to be commissioned by March 2018.

The plant will be built on a 40 acre plot in the Domestic Tariff Zone in Sri City with an investment of Rs 150 crore.

The plant will produce chillers for large scale air conditioning units, steam generators, and boilers etc. The company expects to provide employment opportunity for about 200 persons.

The Pune-based engineering company, Thermax specialises in energy and environment systems. Established in 1967, it offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control and chemicals.

Thermax has manufacturing facilities in India, China and Europe.

Published on March 16, 2017

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