THERMAX OPTIMISTIC DESPITE CHALLENGES
Dalal Street Investment Journal|May 08, 2023
The company is entering a phase where the mix of work they do will go through continued change between now and the next couple of years
THERMAX OPTIMISTIC DESPITE CHALLENGES

Thermax Limited is a global energy and environment solutions provider that has been operating for over five decades in India. The company was founded in Pune in 1966, and since then it has expanded its presence to more than 90 countries worldwide. Today, Thermax is known as one of the leading providers of energy and environment solutions in the world with a diverse portfolio of products and services that cater to various industries. The company’s product range includes boilers, heaters, chillers and other equipment for heating, cooling and power generation. Thermax also provides solutions for wastewater treatment, air pollution control and renewable energy, making it a one-stop-shop for all energy and environment-related needs.

The company’ clientele includes large industrial corporations, power utilities and government organisations across the globe. One of the most significant advantages of Thermax is its commitment to sustainability. The company is deeply invested in reducing carbon emissions, conserving natural resources and promoting renewable energy. In line with this commitment, Thermax has developed several innovative technologies that help reduce greenhouse gas emissions and improve energy efficiency. For instance, the company's ‘EcoGen’ technology uses biomass as a fuel source to generate electricity and reduce carbon emissions.

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