Ducon sees FGD-related business opportunities worth Rs. 10,000 - 15,000 Cr
Technology

Ducon sees FGD-related business opportunities worth Rs. 10,000 - 15,000 Cr

Out of installed capacity of 211 GW of coal thermal power plants in India, FGD equipment has been ordered only for 87 GW and the remaining 124 GW power plants have yet to order this FGD equipment

  • By ICN Bureau | January 11, 2023

Ducon Infratechnologies Limited is increasing its footprint in India’s Flue Gas Desulfurization (FGD) market as FGD-related business opportunities are worth Rs. 10,000 - 15,000 crore over the next 3-4 years.

India has been dependent upon coal-based thermal power generation for its electricity production which significantly contributes to air pollution. However, recently, India has planned to mitigate the air pollution from all power plants by implementing new emission norms, requiring retrofitting existing coal thermal power plants with equipment to control Sulfur Dioxide (SOx) & Nitrogen Oxides (NOx) emissions by installing equipment such as Flue Gas Desulfurization (FGD) and Selective Catalytic Reduction (SCR) systems respectively.

At present out of installed capacity of 211 GW of coal thermal power plants in India, FGD equipment has been ordered only for 87 GW and the remaining 124 GW power plants have yet to order this FGD equipment.

The growing awareness regarding environmental pollution and government’s action to curb the same are driving the growth of the FGD market. Ducon being the leading FGD supplier in the Indian market and being the only company to have successfully operating FGD system installations for more than a decade in India stands to gain tremendously from this potential growth.

Among the company’s many successfully operating FGD installations in India, the notable ones include - 500 MW seawater FGD systems at Dahanu power plant and 2x600 MWWet Limestone FGD system at Udupi Power Plant.

In order to make strides in this rapidly evolving FGD market, Ducon has adopted innovative strategies to advance its FGD footprint in the Indian market. A single FGD project can range in value from Rs. 200 - 600 crore and takes 2 to 3 years for completion, thus Ducon can only secure a couple of such projects on its own annually.

The company has thus formed alliances with leading EPC companies and has jointly bidmany FGD projects. The nature of these alliances involve that Ducon will provide the engineering and crucial technological parts for each project and the EPC Company will execute the rest of the project. By increasing its footprint, Ducon sees FGD- related business opportunities of Rs. 10,000 - 15,000 crore over the next 3-4 years.

Ducon Infratechnologies Limited is India’s leading fossil fuel/coal clean technology company at the forefront of bringing fossil fuel clean technology/green fossil fuel technology to India’s transformation to green energy and to India’s coal/fossil fuel based power, steel, cement etc. companies to meet global clean technology/green technology standards.


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