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Home Investment

Ducon actively revises FGD proposal

Fiinews by Fiinews
September 27, 2018
in Investment, Projects, Technology, Tenders
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Twenty FGW projects of 10,000-MW

 

 

 

Ducon Infratechnologies Limited has been actively submitting new proposals for Flue Gas Desulfurization (FGD) systems for power plants and industrial boilers in India.

The company said it has been proactive in revising earlier submitted proposals and attending technical review meetings with potential customers all over India.

The promulgation and enforcement of various governmental regulations that mandate the Sulfur dioxide emitting industries to install air pollution control equipment in their plants has the potential demand for large number of FGD system projects in India.

Ducon’s FGD installations in India are: 500 MW seawater FGD systems at Dahanu power plant and (ii) 2 x 600MW Limestone FGD system at Udupi Power Plant.

Currently, Ducon has outstanding FGD systems proposal on 20 different projects both in private and public sector power plants, totaling approximately 10,000 MW of power capacity where it is actively involved in discussions.

Additionally, there are many other projects which are in preliminary stages where budgetary proposals have been submitted by the company.

“We have been extremely busy for this past year in interacting with potential customers and submitting our proposals, however the FGD order flow has not been there as very few FGD projects have been awarded to date,” said Aron Govil, Chairman & CEO of Ducon Infratechnologies.

“FGD projects are very large in value and thus will take their own time to get funds allocated for them; however, we are very confident that the power plants will have to eventually start making decisions on these FGD proposals thus providing a lucrative business opportunity for the Company in the years to come.” continued Govil. fiinews.com

Tags: Ducon Infratechnologies Limited
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