ISGEC Heavy Engineering Limited has recently received two orders – one for a Cement Waste Heat Recovery Boiler (CWHRB), and another for conducting Remnant Life Assessment (RLA) study.
The order for CWHRB is from a leading Cement manufacturer for their Plant site in Meghalaya. ISGEC is committed towards the utilization of waste energy and supporting the cement Industry to generate clean or green power, company said in a regulatory filing on Monday.
The order for conducting the RLA study has been received from a Steel major in Jharkhand for their 3 Boilers. Indian Boiler Regulations 1950 have set certain guidelines under rule 391A, which not only help users to ensure the health of their Boilers, but also ensure safe operation of the Plant. ISGEC is certified by the Central Boiler Board to conduct RLA studies under these norms.
ISGEC Heavy Engineering Ltd hit a new 52-week high of Rs402 per piece in early deals. Each stock was trading at Rs390.00 up Rs 21.35 or 5.79% from its previous closing of Rs368.65 per piece on the BSE (10.02 am).