The Thermax Group has won a USD 43 million contract from a leading cement company in the UAE for a turnkey captive power plant.

"This is the first EPC order that Thermax will be executing for a GCC (Gulf Co-operation Council) country. We intend to expand our footprint in this region where we have been providing business solutions," says M.S.Unnikrishnan, Thermax MD & CEO.

The scope of supply includes design, engineering, manufacturing, construction and commissioning of the solid fuel based power plant with 2 CFBC boilers. Thermax also would be supplying emission control equipment and water treatment plant for the project, to be commissioned within 18 months.