Thermax hopes to ride on steel, power and refining this year

Thermax, an energy and environment solutions provider, is expecting significant growth in the steel, refining, petrochemicals, and power sectors this year. Managing director and CEO Ashish Bhandari is optimistic about the power sector, as the government is discussing large power plants. Thermax expects better performance in its chemicals business, with a new plant commissioned in the next 12 months adding more capacity.