India's Thermax in JV with US firm SPX-signage

Newswire

PUNE, India Aug 26 (Reuters) - Indian engineering firm Thermax Ltd is in a joint venture with US firm SPX Corp to provide equipment and services for India's power sector, according to signage at the firm's news conference. The signage was seen by a Reuters reporter at the venue. Thermax is due to hold a news conference for a "strategic business announcement" at noon (06:30 GMT). Pune-based Thermax makes boilers, offers water and waste solutions and installs captive power projects for ...

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