Hot Pursuit     25-Jan-21
ISGEC Heavy Engg bags orders for air pollution control equipment
ISGEC Heavy Engineering has received an order for wet flue gas desulphurisation system package for the 2x660 MW Khurja Thermal Power Project in Uttar Pradesh from L&T MHI Power Boilers.

The end user for this project is THDC India and the Consultant is NTPC, the company said in a BSE filing made after market hours on Friday. The objective of this project is the removal of sulphur dioxide so as to make the plant compliant to the latest emission norms. The broad scope of the project includes design, engineering, supply, transportation, erection, commissioning, and performance guarantee testing.

Further, ISGEC Heavy Engineering has also bagged an order for DeNOx (Combustion Modifications) Package for the 2x77 MW & 1x80 MW Wall Fired Boilers at Gummidipoondi, Tamil Nadu from OPG Power Generation. This project is aimed at reducing NOx in order to make the plant compliant with the recent NOx emission norms. The consultant for this project is Aquatherm.

The broad scope of the project includes design, engineering, supply, transportation, erection, commissioning, and performance guarantee testing. This is yet another combustion modification project for Isgec after the successful execution of the combustion modification (DeNOx) project of the 1x150 MW Tangentially Fired Boiler for Hindalco Industries at their Aditya Aluminium Unit in Sambalpur, Odisha.

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 71.70% to Rs 77.81 crore on a 6% decline in net sales to Rs 1,344.59 crore in Q2 FY21 over Q2 FY20.

The scrip fell 1.50% to Rs 358. The stock has lost 4.76% in two sessions.

Previous News
  ISGEC Heavy Engineering
 ( Results - Analysis 16-Nov-21   22:16 )
  ISGEC Heavy Engineering
 ( Results - Analysis 14-Nov-22   11:57 )
  ISGEC Heavy Engineering fixes record date for dividend
 ( Market Beat - Reports 28-Jul-23   18:13 )
  Board of ISGEC Heavy Engineering recommends final dividend
 ( Corporate News - 29-May-24   17:05 )
  ISGEC Heavy Engineering consolidated net profit declines 40.54% in the June 2019 quarter
 ( Results - Announcements 10-Aug-19   17:21 )
  ISGEC Heavy Engineering consolidated net profit rises 30.81% in the June 2022 quarter
 ( Results - Announcements 11-Aug-22   09:04 )
  ISGEC Heavy Engg jumps on bagging order from MAHAGENCO
 ( Hot Pursuit - 27-Mar-23   11:10 )
  ISGEC Heavy Engineering standalone net profit rises 30.50% in the December 2019 quarter
 ( Results - Announcements 13-Feb-20   08:45 )
  ISGEC Heavy Engineering fixes record date for interim dividend
 ( Market Beat - Reports 12-Feb-19   16:01 )
  Shares of ISGEC Heavy Engineering get listed on NSE
 ( Corporate News - 04-May-21   12:37 )
  ISGEC Heavy Engineering to pay interim dividend
 ( Market Beat - Reports 10-Jan-17   15:52 )
Other Stories
  Eicher Motors CV sales rises 11% YoY in June’24
  01-Jul-24   15:39
  Atul Auto hits record high as sales double to 2,628 units in Jun’24
  01-Jul-24   15:29
  Ashok Leyland slides as total sales slips 2% YoY in June'24
  01-Jul-24   15:16
  Reliance Infrastructure Ltd leads losers in 'A' group
  01-Jul-24   15:00
  Oriental Carbon & Chemicals Ltd leads losers in 'B' group
  01-Jul-24   14:45
  Rane Holdings hits life high on plan to acquire 51% stake in JV
  01-Jul-24   14:45
  Maruti Suzuki rises as total sales jumps 12% YoY in Jun’24
  01-Jul-24   14:37
  Volumes jump at Emami Ltd counter
  01-Jul-24   14:30
  Karur Vysya Bank advances climb 16% YoY in Jun'24
  01-Jul-24   14:14
  SML Isuzu jumps as June sales surges 38% YoY
  01-Jul-24   14:13
Back Top