Thermax Limited has informed the Exchange regarding a press release dated March 27, 2026, titled "Thermax secures a breakthrough boiler packagesupply order worth approximately Rs. 1,600 crore for an ultra-supercritical thermal power project".
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Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a wholly-owned subsidiary of Thermax, has secured a boiler package supply order worth approximately Rs. 1,600 crore. The order is from a leading thermal power projects company in Central India for a 1x800 MW ultra-supercritical thermal power plant. Scope includes manufacturing, supply, supervision of installation and commissioning, and performance testing of the boiler package. The MD & CEO called it a 'significant breakthrough' reinforcing the company's capabilities in large-scale energy solutions. Execution will be aligned with project milestones.
This is a large order relative to Thermax's annual revenue (roughly 15-20% of consolidated turnover), which should provide strong revenue visibility and a meaningful boost to the order book. Positive for the stock in the near term as it validates TBWES's positioning in the high-efficiency thermal power segment.