UPDATE 1-India's Thermax in JV with US firm SPX

Newswire

(Adds details from statement, share movement) PUNE, India Aug 26 (Reuters) - Indian engineering firm Thermax Ltd has formed a power equipment and services joint venture for India with U.S. firm SPX Corp , the companies said. "Our partnership with Thermax will add value to our offerings in the Indian market," Drew Ladau, president of SPX, thermal equipment and services, said in the statement. It will provide air pollution control systems for power plants above 300 megawatts and energy ...

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