In the ever-evolving landscape of energy and environment solutions, Thermax continues to lead the way with a commitment to bridging the gap between energy availability and sustainability. The company, renowned for its extensive portfolio encompassing clean air, clean energy, clean water, and chemical solutions, showcased its innovative technologies and bespoke solutions at the inaugural edition of Thermax Fest in Pune from December 12-15, 2023.
At the heart of Thermax’s vision is a dedication to green and decarbonization solutions. The company’s focus on sustainability was further exemplified by securing orders exceeding Rs. 500 crore for the establishment of five bio-CNG plants. These plants, to be set up across India in states like Rajasthan, Madhya Pradesh, Maharashtra, and Uttar Pradesh, will produce 110 tonnes per day (TPD) of bio-CNG from local feedstock, contributing to cleaner energy solutions.
Thermax is setting its sights on the future of clean energy by announcing plans to deploy 1 GW of hybrid renewable energy solutions within the next three years. These projects will cater to a range of industries, offering round-the-clock clean electricity. Notably, Thermax has already commissioned and initiated projects, including a state-of-the-art wind and solar bundled captive power project in Tamil Nadu, demonstrating its commitment to sustainable energy solutions.

Coal Gasification with Carbon Capture & Electrical Energy Solutions
In alignment with the vision to gasify 100 million tonnes of coal by 2030, Thermax is working on developing gasification plants with carbon capture capabilities. These plants, utilizing fluidized bed coal gasification technology, will process coal ranging from 100 to 500 TPD, benefiting industries like steel manufacturing by converting high-ash Indian coal into value-added fuels.
Thermax has also ventured into electrical energy solutions, introducing products like the electric boiler and hybrid heat pump for heating and cooling requirements. These innovations reduce dependence on fossil fuels, optimize energy usage, and achieve zero emissions when powered by green electricity, aligning with the company’s commitment to sustainability.

During THERMAXFEST, Meher Pudumjee, the Chairperson of Thermax Limited, shared an inspirational narrative of the company’s journey. She highlighted how non-engineering parents, Rohinton D Aga and Anu Aga, laid the foundation for one of India’s largest manufacturing companies based on values. Meher’s personal commitment to the company’s employees, even as it is managed by professionals under Ashish Bhandari’s leadership, underscores the company’s enduring commitment to its humble beginnings.
Ashish Bhandari, the MD and CEO of Thermax, expressed, “For 50 years, Thermax has played a vital role in India’s energy landscape. We are continuously driving sustainability through innovation, cross-functional expertise, and partnerships. To address the country’s unique energy challenges, we have pioneered technologies for converting waste to energy and are investing in newer areas such as hybrid renewables, biofuels, green hydrogen, and more. As a trusted partner in energy transition, our commitment is to bridge the gap between energy availability and sustainability. Thermax Fest is a confluence that showcases some of these technologies and cutting-edge solutions that can help industries meet their climate commitments.”
THERMAXFEST: A Showcase of Innovation
THERMAXFEST, organized at Thermax’s Chinchwad facility in Pune, served as a platform to bring together industry experts, stakeholders, and innovators. It was an opportunity for Thermax to exhibit its cutting-edge technologies and solutions aimed at helping industries meet their climate commitments. Meher Pudumjee praised Samina Khalid and her Corporate Communications team for their efforts in showcasing Thermax’s technologies and achievements under one roof.

With a rich legacy spanning 50 years, Thermax continues to play a pivotal role in India’s energy landscape. The company’s unwavering commitment to innovation, sustainability, and bridging the energy gap positions it as a trusted partner in the global energy transition. Thermax is poised to make substantial contributions towards a greener and more sustainable future. Thermax’s journey from its inception to pioneering sustainable solutions and innovations showcased at THERMAXFEST 2023 reflects its dedication to creating a cleaner and more sustainable world. As it forges ahead, Thermax remains an inspiration and a driving force for change in the energy and environment sector.