Biznextindia : Ducon Infratechnologies Limited, leading Fossil Fuel Clean Technologies Company on Monday said it will provide its proprietary Coal Clean Technology, Fuel Gas Desulphurization (FGD) for a 2×600 MW FGD package for Singareni Thermal Power Plant, Stage-I, Telangana awarded to an EPC organization Ducon has partnered with.
This project was jointly bid by Ducon’s affiliate, Ducon Technologies Inc., USA with a leading EPC organisation in the Indian subcontinent. Ducon will provide its FGD execution expertise to the project from concept to commissioning. The anticipated value of the order for Ducon will be in the range of INR 150 – 200 Crore. Ducon Infratechnologies is also declared as the lowest bidder on two other NTPC FGD projects and is expecting to receive those awards of the FGD orders soon which were announced earlier. With over 192 GW of Coal Fired Power/Steel/Cement etc, India’s commitment on Green Energy/Emission standards and strict regulatory mandates, India/Indian companies will spend an approximate US$ 20 billion on Fossil Fuel Clean Technologies/Greening of Fossil Fuels and Green Energy. The sources are expanding the Fossil Fuel Clean Technology market exponentially in the next 2-3 years.
“India is committed to meet Emissions standards by 2050 and that would require massive investments in/deployment of Fossil Fuel Clean Technologies/Green Technologies across Fossil Fuel/Coal Fired Plants across a spectrum of Industries including Power, Steel, Cement etc. We believe this transition to Clean Technologies is happening faster than the market anticipation. Ducon is uniquely positioned to leverage this transformational opportunity both in terms of Intellectual Property and Execution capability. We will leverage our core Clean Technology IP and Execution to aggressively garner a significant share of India’s rapid transition to Clean Coal/Green Coal. The Company continues to be active in sourcing business in both Clean Coal Technologies/FGD (Flue Gas Desulfurization) and Green Coal Projects including MHS (Material Handling System) projects directly as well in partnership with other EPC companies” Mr. Arun Govil, Manging Director of Ducon said.