ISGEC Heavy Engg receives an order from a major steel company to supply waste-heat boilers

These boilers would use waste gases from the DRI Sponge Iron Kiln. These boilers will produce steam at a pressure of 125 kg/cm2 (a). “Previously, Isgec supplied four CFBC boilers to the same company, which are still operational,” the company said in a statement. ISGEC Heavy Engineering is a multi-faceted heavy engineering firm. It manufactures process equipment, presses, iron & steel castings, and boiler pressure parts. In Q3 FY23, the company reported a 33.87% increase in consolidated net profit to Rs 62.96 crore on a 14.44% increase in sales to Rs 1,597.06 crore over Q3 FY22.

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