Triveni Turbine Ltd 2022 AR2
The report highlights Triveni Turbines' strategic focus on sustainability and decarbonization, with approximately 75% of its business coming from renewable energy sources in FY 22. The company achieved its highest-ever annual order booking of INR 11,836 million, representing an 84% growth over the previous year. Key achievements include the commissioning of its first Waste-to-Energy steam turbine in Germany and securing a major order for three steam turbines from a South Korean steel manufacturer. Additionally, the company expanded its aftermarket presence by acquiring a 70% stake in TSE Engineering in South Africa and successfully resolved disputes to make Triveni Energy Solutions Limited a wholly-owned subsidiary.
Company: Triveni Turbine Ltd
Sector: Industrials
Country: India
Year: 2022
Type: AR2
Pages: 248
Triveni Turbine Ltd
Annual Report
The report highlights Triveni Turbines' strategic focus on sustainability and decarbonization, with approximately 75% of its business coming from renewable energy sources in FY 22. The company achieved its highest-ever annual order booking of INR 11,836 million, representing an 84% growth over the previous year. Key achievements include the commissioning of its first Waste-to-Energy steam turbine in Germany and securing a major order for three steam turbines from a South Korean steel manufacturer. Additionally, the company expanded its aftermarket presence by acquiring a 70% stake in TSE Engineering in South Africa and successfully resolved disputes to make Triveni Energy Solutions Limited a wholly-owned subsidiary.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees