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Company News Details

Thermax Ltd

Industry : Electric Equipment

BSE Code

ISIN Demat

Book Value()

500411

INE152A01029

340.8608072

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P/E(TTM)

Mar.Cap( Cr.)

THERMAX

82.66

48595.51

EPS(TTM)

Face Value()

Div & Yield %

49.34

0.34

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Thermax Ltd

Therma signs MoU with Hindustan Petroleum Corporation

Jan 30,2026

Thermax and Hindustan Petroleum Corporation have signed a Memorandum of Understanding (MoU) entering into a strategic collaboration with an aim to exchange scientific information, carry out joint research, and encourage demonstration & deployment in the field of HP AEM electrolysers, CO2 capture solutions, bio-pyrolysis oil processing and other emerging new energy areas.

This collaboration will accelerate the deployment of indigenous, sustainable energy technologies and significantly advance the “Make in India” vision aligned with India's energy transition and climate objectives.

Commenting on the partnership, Ashish Bhandari, MD & CEO, Thermax said, 'India's energy transition will be driven by strong partnerships, and this collaboration between Thermax and HPCL reflects that belief. Combining Thermax's technology and product expertise with HPCL's complementary R&D, operational excellence and scale, the partnership will advance solutions across green hydrogen, carbon capture and bio-based fuels-accelerating the journey from innovation to on-ground implementation.'

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3	28-01-2026	IT	RFP for Procurement of Sophos Firewall	Closed
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21	28-10-2024	IT	RFP for Procurement of Firewall	Closed
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22	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
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23	07-07-2023	CS	RFP for Secretarial Audit
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25	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
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26	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
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27	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
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30	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
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31	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
32	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
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