These boilers would be utilizing waste gases from DRI Sponge Iron Kiln. These boilers will generate steam at 125 kg/cm2 (a) pressure.
"Earlier Isgec supplied 4 CFBC boilers to the same company which are in operation satisfactorily,” the company said in a statement.
ISGEC Heavy Engineering is a diversified heavy engineering company. It manufactures process equipment, presses, iron & steel castings, and boiler pressure parts.
The company had reported 33.87% rise in consolidated net profit to Rs 62.96 crore on a 14.44% increase in sales to Rs 1,597.06 crore in Q3 FY23 over Q3 FY22.
The scrip shed 0.48% to end at Rs 447 on the BSE yesterday.
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