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GEI Industrial Systems bags Rs 40cr order

This article was posted on Aug 27, 2008 and is filed under Press Releases

GEI Industrial, a leader in heat transfer technology, has once again exhibited its capability in its area of expertise, namely, Air-Cooled Steam Condensers by bagging an order for the same from KSK Group of Hyderabad for their 43 MW coal-based captive power plant at Janjgir – Champa in Chhatisgarh.

The other order for Air-Cooled Steam Condenser from Dharani Sugars and Chemicals Ltd. is for their 22 MW biogas-based cogeneration power plant for the Unit III plant at Tirunelveli, Tamil Nadu. Another major milestone for GEI was booking an order for the largest Air-Cooled Steam Condenser for an 80 MW Captive Power Plant being set up by OPG Power Generation Pvt. Ltd. at Gummidipoondi, Tamil Nadu. “Air-cooled heat exchangers and steam condensers are being opted the world over for critical heat transfer applications in process plants, refineries, and gas fields. With water becoming a scarce resource, air is being looked at not just as an eco-friendly measure, but also to cut costs in the long run.” said Mr. C.E. Fernandes, Managing Director, GEI Industrial Systems Ltd.

In July, the company had bagged export orders worth Rs. 18 crores in a row for Air-cooled heat Exchangers from companies in Malaysia, Qatar and Dibba in the UAE. GEI had also bagged three orders worth Rs. 50 crore for supply of the same from Essar Construction India Ltd., Indian Oil Corporation Ltd. and Larson & Toubro Ltd.

“With most State governments issuing notification for the use of steam condensers in all power projects, we have tremendous scope to penetrate the power sector.” Mr. Fernandes added.

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