Sealmatic India Ltd has bagged order for engineered mechanical seals for super critical power plant through BHEL for the DVC Raghunathpur Thermal Power Station Phase - II 660 MW X 2 = 1320 MW. The mechanical seals are for demanding applications such as the Boiler Feed Pumps, Booster Pumps, Turbine Pumps, Condensate Extractions Pumps etc. This will ensure long term of O&M business for Sealmatic for the above pumps which are mission critical.
BHEL, a Maharashtra Company of Government of India, is an Integrated Power Plant equipment manufacturer and one of the largest engineering and manufacturing companies in India in terms of turnover, ushering in the indigenous Heavy Electrical Equipment industry in India - a dream that has been more than realized with a well-recognized track record of performance.
BHEL will supply these super critical pumps to DVC for their Raghunathpur Thermal Power Station Phase-II 660 MW X 2 = 1320 MW. DVC currently has 6687.2 MW of installed capacity and has many more projects in the pipeline. DVC entrusted with the pioneering responsibility of powering industrial growth in the resource rich Damodar Valley region, DVC has been using latest available technologies to supply bulk power at competitive rates to industry.
"This order is not only prestigious but also a matter of pride for Sealmatic as stated by Zakir Chaudhary, who overlooks the engineering and designing of heavy-duty mechanical seals for thermal and nuclear power applications and he further states that as an indigenous of mechanical seals, Sealmatic is the only approved vendor for such super critical applications for the 660 MW power plants at BHEL, other than very few foreign vendors."
This construction of additional capacity of 1320 MW by DVC will create opportunities for Sealmatic, hence, throwing open a profitable business till the lifetime of the equipment (which is almost 40 years).
Sealmatic designs and manufactures high precision & heavy-duty mechanical seals that are widely employed in various power plant applications both nuclear & thermal.
Shares of Sealmatic India Limited was last trading in BSE at Rs. 603.60 as compared to the previous close of Rs. 612.45. The total number of shares traded during the day was 13800 in over 72 trades.
The stock hit an intraday high of Rs. 623.00 and intraday low of 600.30. The net turnover during the day was Rs. 8403780.00. |
