Thermax in JV with US firm SPX
Sunday, 30 Aug 2009
Indian engineering firm Thermax Ltd has formed a power equipment and services joint venture for India with US firm SPX Corp.
Mr Drew Ladau president of SPX, thermal equipment and services in the statement said that "Our partnership with Thermax will add value to our offerings in the Indian market.”
It will provide air pollution control systems for power plants above 300 megawatts and energy efficiency equipment.
(Sourced from Reuters)
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