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Veesons Energy Systems mulls expansion

Thursday, 08 Apr 2010
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Trichy based Veesons Energy Systems plans to expand its existing process and power boilers' business by 2015.

The company plans to add new verticals like circulating fluidised bed combustion (CFBC) boilers and bidding for EPC (power plants) upto 50 MW against 25 MW and utility boilers to generate upto 200 MW. Besides, plans are afoot to set up a new manufacturing unit at Raipur in Chhattisgarh, to meet the demands of customers in the northern and western part of the country.

Under the plan, the company is likely to invest Rs 100 - 150 crore by 2013.

Recently, the company has joined hands with Osmo Kaulamo Engineering Oy, Finland for manufacturing CFBC boilers and chemical recovery boilers.

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