Hot Pursuit     13-Jul-21
ISGEC Heavy Engg jumps after order win
ISGEC Heavy Engineering gained 3.96% to Rs 819.45 after the EPC company secured order for two waste to energy boilers from Hitachi Zosen Inova, Switzerland.
ISGEC Heavy Engineering on Tuesday announced that it has bagged an order for two waste to energy boilers (pressure & non-pressure parts) from Hitachi Zosen Inova, Switzerland for the Slough Multifuel Project in Slough, Berkshire, UK. Each of these boilers will have a capacity of 660 TPD.

The company said that this is the second order that it has received from Hitachi Zosen Inova. The boilers will be manufactured to EN standards. The broad scope of the order includes detailed engineering, manufacturing, and supply through the Mundra port on FAS basis.

Waste to Energy is a sustainable technology with huge potential and the EPC company is actively playing a constructive role in not just promoting it but actually executing it on the ground.

ISGEC Heavy Engineering is a diversified heavy engineering company engaged in manufacturing and project businesses with an extensive global presence.

The company's consolidated net profit jumped 444.67% to Rs 68.52 crore on 4.03% increase in revenue from operations to Rs 1,617.70 crore in Q4 March 2021 over Q4 March 2020.

Previous News
  ISGEC Heavy Engineering consolidated net profit declines 40.65% in the March 2022 quarter
 ( Results - Announcements 28-May-22   16:16 )
  ISGEC Heavy Engineering
 ( Analyst Meet / AGM - Conference Call 16-Feb-24   00:04 )
  Isgec bags order for Waste Heat Recovery Boilers
 ( Corporate News - 04-Mar-21   18:47 )
  ISGEC's step-down arm commences operations of ethanol plant in Philippines
 ( Corporate News - 11-Apr-24   18:29 )
  ISGEC Heavy Engineering receives affirmation in credit rating for bank facilities
 ( Corporate News - 22-Nov-23   18:33 )
  ISGEC Heavy Engineering
 ( Results - Analysis 16-Nov-21   22:16 )
  ISGEC Heavy gains after setting stock-split record date
 ( Hot Pursuit - 19-Mar-19   10:18 )
  ISGEC Heavy Engineering standalone net profit rises 17.31% in the December 2016 quarter
 ( Results - Announcements 04-Feb-17   18:29 )
  ISGEC Heavy Engineering to announce Quarterly Result
 ( Corporate News - 03-Nov-22   10:52 )
  ISGEC Heavy Engineering
 ( Results - Analysis 12-Aug-23   14:52 )
  ISGEC Heavy Engineering bags order for supply of 100th CFBC boiler
 ( Corporate News - 23-Jun-21   12:26 )
Other Stories
  RVNL gains on emerging as L-1 bidder for Rs 133-cr railway project
  03-Jul-24   15:38
  Cholamandalam Financial Holdings Ltd leads losers in 'A' group
  03-Jul-24   15:00
  Sakuma Exports Ltd leads losers in 'B' group
  03-Jul-24   14:45
  NTPC power generation climbs 9.5% YoY in Q1
  03-Jul-24   14:41
  Volumes soar at MMTC Ltd counter
  03-Jul-24   14:30
  Oil and Gas shares fall
  03-Jul-24   14:00
  Real Estate stocks edge lower
  03-Jul-24   14:00
  Energy stocks edge lower
  03-Jul-24   14:00
  Sundaram-Clayton gains after board OKs to raise funds upto Rs 400 cr
  03-Jul-24   13:38
  JSW Infra's subsidiary concession agreement V.O. Chidambaranar Port Authority
  03-Jul-24   13:34
Back Top