Thermax: A Legacy in Boiler Technology Established in 1966 as Wanson India Ltd, a collaboration between A S Bhathena and Belgian firm Wanson, Thermax initially focused on small-scale, once-through boilers for hospitals. The company's operations commenced in Dadar, Mumbai. Its evolution from a small boiler manufacturer to a major player in the energy sector is noteworthy. Thermax's transition to a public company in 1995, listing on the Bombay Stock Exchange, marked a significant milestone. The company's strategic partnerships reflect its commitment to technological advancement and market expansion. A 51-49 joint venture with SPX Corporation in 2009 broadened its presence in the Indian power sector, providing equipment and services. Further solidifying its position, Thermax entered into a joint venture with Babcock & Wilcox in 2010, focusing on the manufacturing of super-critical boilers for power generation. Thermax Limited, now simply known as Thermax, has consistently adapted to the evolving energy landscape, demonstrating a sustained commitment to innovation and technological prowess within the boiler manufacturing industry. The company's journey showcases a successful blend of strategic partnerships and technological expertise.