FGD market in India is expanding exponentially, says Govil
Ducon Group (NSE: DUCON) has secured a Clean Coal Technology-Fuel Gas Desulphurization (FGD) order for a 2×660 MW supercritical Thermal Power Plant in Suratgarh, Rajasthan, which will utilize its advanced Ventri-Rod deck FGD technology to provide highly efficient and the most cost-effective air pollution control system for this project.
“The FGD market in India is expanding exponentially. With the Indian Government’s commitment to meet Air Emissions Standards by 2050, we are seeing massive investments in deployment of Clean Coal Technologies across Coal Fired Power Plants in India,” said Aron Govil, chairman of the Ducon Group.
“With over 192 GW of Coal Fired Power, Steel and Cement power capacity to be cleaned, and India’s commitment on strict Air Emissions regulatory mandates, Indian power plants will spend over US$20 billion on Fossil Fuel Clean Technologies in the coming years.
“With our proprietary technologies, Ducon is uniquely positioned to leverage this transformational opportunity both in terms of Intellectual Property and Execution capability as we are aggressively aiming to garner a significant share of India’s rapid transition to cleaner environment,” Govil elaborated on 25 May 2022.
The project was jointly bid by New York-headquartered Ducon Technologies Inc along with its group company Ducon Infratechnologies Ltd based in Thane.
Ducon will provide its FGD execution expertise to the project from concept to commissioning.
This is the Second Clean Coal Technology FGD project for Ducon Group in the last 4 months. Earlier, it had also secured Clean Coal Technology-FGD Project order for a 2×600 MW Singareni Thermal Power Plant, in Telangana.
The total order value of both projects is approximately US$220 million.
Ducon is a world leader in providing the most advanced technologies and equipment for Environmental control, Material Handling systems, infrastructure, and industrial maintenance since 1938.
With over 30,000 successfully completed projects globally, Ducon’s mission is to provide its customers with optimized and innovative engineering, expert manufacturing with quality workmanship and on time completion of all our projects.
As an established supplier, Ducon reaches its maximum potential by utilizing all necessary resources to provide complete customer satisfaction. Ducon provides single source responsibility for execution of major turn-key projects throughout the world. fiinews.com
