Thermax bags 14.2 mn euros export order

New Delhi, May 27: Thermax Ltd today said it has bagged an export order worth 14.2 million euros from an European oil field company for supply of Heat Recovery Steam Generator (HRSG). ''Thermax has signed a protocol of agreement for an export order, which shall be executed for an oil field company to enhance the oil recovery through steam injection in their existing oil wells,'' the company said in a statement.

The order would be an important milestone in the company's export business, in the European market, in terms of territorial reach and future opportunities, the statement added.

UNI