Thermax Babcock & Wilcox Energy Solutions Private Limited (TBWES) is a global company with capacity to satisfy the need for very large boilers, from within India and in the Asian sub-continent. This is a joint venture partnership limited company between Thermax Limited, India and Babcock & Wilcox Power Generation Group, Inc., Barberton, Ohio, USA (B&W PGG). Background : The significant growth of the Indian economy, a changing demography, rising urban population and socio-economic developments have all contributed to the increasing demand for commercial energy. Meeting this demand is an enormous challenge for the power equipment industry, but it is also an opportunity. With the Indian power ministry�s resolution of �Power for all by 2012� taken in 2002, as well as the Electricity Act of 2003, the power industry opened up from the confines of the Central and State governments, and facilitated the entry of the private sector. It was formed to fulfill India�s need for quality power at optimum cost, by manufacturing subcritical and supercritical boilers, the preferred technologies for thermal power generation. A joint venture between Thermax Limited, Pune, India and Babcock & Wilcox Power Generation Group, Inc., USA, TBWES was registered under the Companies Act 1956 on 26th June, 2010 and a license agreement was signed between the two companies on 18th August 2010. This license covers transfer of technical know-how pertaining to design and engineering, manufacturing and installation of Subcritical Boilers of capacity 1000 TPH (300 MW) and above and the full range of Supercritical Boilers. The manufacturing plant is located about 50 kms from Pune in Maharashtra on the Mumbai-Bangalore national highway (NH4), about 160 kms from the J.N.P.T Sea Port and 210 kms from the Bombay Port Trust. This state-of-the-art facility is equipped to manufacture Supercritical and Subcritical boilers with an annual capacity of 3000 MW and provisions for an expansion up to 5000 MW.