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The Economic Times

Economy / The Economic Times

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Thermax scouts for a partner to charge up its green energy unit

Thermax has set its sights on attracting external investors to its renewable energy subsidiary, First Energy. By contemplating a major stake sale, the company aims to overcome operational challenges and elevate its performance levels. First Energy, with its 800 MW capacity, is looking to enhance service delivery, reflecting a growing inclination in the renewable energy domain for partnerships that facilitate expansion and development.

9 Oct 2026 12:38 am