Fuel Tech, Inc, a specialist in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, has recently signed an exclusive agreement under which Fuel Tech has licensed its Selective Non-Catalytic Reduction (SNCR) technology to ISGEC Heavy Engineering Ltd. (ISGEC), one of Indiaâs engineering companies. Fuel Tech will receive engineering fees and royalty payments from any projects that ISGEC sells into the India market that utilize the Companyâs SNCR technology.
Fuel Techâs SNCR technology has been installed on nearly 600 units worldwide, earning a reputation as a proven, cost-effective, and dependable solution to assist operators in meeting increasingly stringent NOx reduction standards.
Mr. Arnone continued, âWe believe that ISGEC is an ideal partner to introduce Fuel Techâs proven emissions control technologies to India, an important and promising new market for our solutions. Over its 83-year history, ISGEC has established itself as a premier engineering company in India and around the world. ISGEC relationships extend from Indiaâs state-owned power generation company to the countryâs multiple independent power producers. We look forward to assisting these entities in complying with these new regulations and reducing the release of harmful gases.â?
