Elgi Equipments bags a huge deal

The Coimbatore-based Elgi Equipments Ltd., one of the largest and most integrated compressor manufacturers in Asia, has sealed a major turnkey deal with Adani Power Ltd for the supply of 12 oil-free compressors. According to a company release, the order, which is worth Rs 6.1 crore, will consolidate Elgi’s strong position in the power sector in India.

These compressors will be installed in the 4X330 MW thermal power plant of Adani Power Ltd. at Mundra, Kutch. With an aggregate generation capacity of 1,320 MW, Adani’s new power plant is can produce 5, 000 MUs in the next five years. Elgi’s oil free compressors find great utility in major thermal power plants in India as they provide 100 per cent dry, oil-free air. Elgi’s clientele include Neyveli Lignite Corporation (1470 MW), Gujarat Mineral Development Corporation (250 MW) and Andhra Pradesh Geno VTPS Thermal Power Plant (500 MW).