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Sustainable Solutions in
Energy and Environment
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Vision To be a globally respected high performance organisation offering sustainable solutions in energy and environment 2 2
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Sustaining Values and Brand Attributes
Transparent Trusted Customer focused Entrepreneurial Innovative Socially responsible Integrity Respect Fairness Excellence Commitment 3
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Thermax Today Rs crore company with subsidiaries and sales & service network in Asia, Middle East, Africa, Europe and the Americas. Headquartered in Pune, India and operate globally through 19 International offices, 12 Sales & Service offices and 11 manufacturing facilities - 7 of which are in India and 4 overseas. Supports customers in over 75 countries with solutions to conserve energy and preserve the environment. A partner in the global initiative for sustainable development. 4
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Thermax Evolution: A Snapshot
Established in 1966 as Wanson (India) Thermax Private Limited formed in and Wanson (India) merged with Thermax Becomes a public limited company in Features in the Forbes Asia list of “Best under a Billion” companies in 2008 Thermax - Babcock & Wilcox Joint Venture for Supercritical Boilers in for higher efficiency of power generation Acquires European boiler maker, Danstoker to reinforces its initiatives in renewable energy Acquires Rifox, German steam products company in for its steam engineering business 5
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A Family Owned, Professionally Managed Organisation
Rohinton D. Aga Founder Chairman Anu Aga Director & Former Chairperson Meher Pudumjee Chairperson Pheroz Pudumjee Director A. S. Bhathena Founder Chairman-Managing Director Wanson (India) 6
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Board of Directors Meher Pudumjee M. S. Unnikrishnan Anu Aga
Dr. Jairam Varadaraj Nawshir Mirza Pheroz Pudumjee Dr. Raghunath Mashelkar Dr. Valentin A. H. von Massow Harsh Mariwala
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Thermax Group Thermax Limited Subsidiaries Joint Ventures 8
Thermax Sustainable Energy Solutions Ltd. Thermax Onsite Energy Solutions Ltd. Thermax Engineering Construction Co. Ltd. Thermax Instrumentation Ltd. Thermax International Ltd. (Mauritius) Thermax Europe Ltd. (U.K.) Thermax do Brasil-Energiae Equipamentos Ltd (Brazil) Thermax Inc. (U.S.A.) Thermax (Zhejiang) Cooling & Heating Engineering Co. Ltd. (China) Thermax Netherlands B.V. Thermax Denmark ApS (Denmark) Danstoker A/S, Denmark Ejendomsanpartsselskabet Industrivej Nord 13, Denmark Rifox –Hans Richter GmbH, Germany Thermax Sdn, Bhd., Malaysia Boilerworks A/S, Denmark Boilerworks Properties ApS, Denmark Thermax Engineering Singapore Pte. Limited Thermax Senegal S.A.R.L., Senegal PT Thermax International, Indonesia Thermax Nigeria Limited, Nigeria Subsidiaries Joint Ventures Thermax Limited Thermax Babcock & Wilcox Energy Solutions Pvt. Ltd. Thermax SPX Energy Technologies Ltd. 8
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Thermax Organisation Managing Director & CEO 9 Oil & Gas Enviro VP SPP
EVP C&H EVP B&H EVP ENVIRONMENT EVP POWER EVP HR, IR Admin EVP TECHNOLOGY EVP FINANCE Oil & Gas Enviro VP Legal Heating SPP Water MPP Cooling Solid Fuel VP Treasury Chemical LPP Services Service Services O&M Utility HEAD TPMO Solar UOG EC Member HEAD CORP. COMMN SBU 9
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Our Global Network Thermax operates globally through 19 international offices, 12 sales & service offices.
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Our Domestic and Distribution Network
Delhi Kolkata Ahmedabad Vadodara Mumbai Pune Hyderabad Bangalore Chennai Headquarters Manufacturing facilities Engineering Sales & Service Our network Nepal 118 Associates 11
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Energy - Environment Offerings
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Our Core Business 13
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Reliable support for Industry
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Technology Partnerships over the Years
More than 40 technology partnerships / licensing agreements over the years Babcock & Wilcox SPX Corporation Georgia Pacific Wehrle General Electric Amonix Inc. Lambion Technologies 15
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Thermax has partnered with
Bechtel UHDE KPG Jacobs H&G Lurgi Snamprogetti JGC MHI Technip Toyo Black & Veatch Kellog Brown Sumitomo Mitsubishi Hitachi Mitsui Hyundai Daelim EIL TCS 16
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Manufacturing Plants and Assembly Facilities
Pune (MH) Solapur (MH) Paudh (MH) Savli (GJ) Mundra (GJ) Jagadia (GJ) TBWES Shirwal (MH) Jiaxing, China Danstoker, Denmark
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A tradition of customer focused R&D
A Research, Technology & Innovation Centre with Centers of Excellence to add value to customer in the areas of: Combustion & Heat Transfer Biotechnology Material Science Solar Thermal 18
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Business tempered by social responsibility
Thermax sets aside 2% of its net profit to support community work In association with Pune and Pimpri Chinchwad Municipal Corporations, Thermax runs 6 schools for children from underprivileged backgrounds Thermax also supports schools run by NGOs Akanksha and Teach for India 19
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Giving Back to Society - Educational Initiatives
2016 passing out batch of K C Thackeray Vidya Niketan English Medium School started in 2007 2016 passing out batch of Acharya Vinoba Bhave English Medium School started in 2013
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Giving Back to Society – Other Initiatives
Improving quality of education Leadership Institute for Teachers (LIFT) 53 of the PMC LIFT teachers were certified as “Teacher innovators” by STIR Education and University of Roehampton, London. Teach for India Pune City Connect
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Opporunites for participation
Volunteering Encouraging Employee Participation TFI - Encouraging to register for TFI fellowship Blood Donation Mentoring Adolescent Children Standard Chartered Mumbai Marathon Payroll Giving raised over Rs.97 Lakh
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Recognition for Thermax
Asia Innovator Award for Thermax MD and CEO, M.S. Unnikrishnan at the 2012 CNBC Asia Business Leaders Awards at Bangkok.. CII National HR Excellence Award for recognition of Thermax's leadership in HR excellence. Business Standard ‘CEO of the Year’ ( ) award for Chairperson, Meher Pudumjee. Listed among the top 100 of India’s most valuable companies (Business Today ’07). National Award for the R&D team at ACREX, 2006 for the design of Trigenie, the chiller that works on exhaust gas and other sources of heat. 23
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“Profit is not only a set of figures, but of values.”
Our Belief “Profit is not only a set of figures, but of values.” Rohinton D. Aga Founder Chairman, Thermax 24
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Thank you Thermax Limited Thermax House 14, Mumbai - Pune Road,
Wakdewadi, Pune –
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