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Ducon sees FGD-related business opportunity of INR 10,000 cr to INR 15,000 cr, over the next 3-4 years

Thane (Maharashtra) [India], January 12 (ANI/PNN): Ducon Infratechnologies Limited is increasing its footprint in India's Flue gas Desulfurization (FGD) market, the Company announced. 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 the

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