Thermax Ltd is an Indian multinational

engineering Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more speciali ...

conglomerate, involved in

clean air Air pollution is the contamination of air due to the presence of substances in the atmosphere that are harmful to the health of humans and other living beings, or cause damage to the climate or to materials. There are many different types ...

clean energy Clean may refer to: * Cleaning, the process of removing unwanted substances, such as dirt, infectious agents, and other impurities, from an object or environment * Cleanliness, the state of being clean and free from dirt Arts and media Music A ...

and

clean water Drinking water is water that is used in drink or food preparation; potable water is water that is safe to be used as drinking water. The amount of drinking water required to maintain good health varies, and depends on physical activity level, ...

, headquartered in

Pune Pune (; ; also known as Poona, ( the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest i ...

History

Thermax manufactures boilers to harness the power of steam. The company started with producing small, once-through, "baby" boilers to cater to the steam requirements at hospitals. It was established in 1966, when A. S. Bhathena collaborated with a Belgian company, Wanson, to commence business operations in Dadar, Mumbai, India as Wanson India Ltd., manufacturing small boilers. On 15 February 1995 it became a public company on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange i ...

. It has, since long, been known simply as Thermax Limited. In 2009, it signed a 51–49 joint venture with US firm

SPX Corporation SPX Corporation (NYSE: SPXC) is a supplier of highly engineered infrastructure equipment and technologies. The company operates within four markets: heating, ventilation, and air conditioning (HVAC), detection and measurement, power transmiss ...

to provide equipment and services for the Indian power sector. In 2010, it signed a joint venture agreement with US-based

Babcock & Wilcox Babcock & Wilcox is an American renewable, environmental and thermal energy technologies and service provider that is active and has operations in many international markets across the globe with its headquarters in Akron, Ohio, USA. Historicall ...

to manufacture super-critical boilers for the power sector.

References

* {{Authority control Heating, ventilation, and air conditioning companies Manufacturing companies established in 1980 Manufacturing companies based in Pune Multinational companies headquartered in India Engineering companies of India Indian brands Indian companies established in 1980 1980 establishments in Maharashtra Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange

History

See also

References