Blog/Top companies
12 August 2026
Top 10 Steam Boiler Manufacturers in India
India has hundreds of steam boiler manufacturers. This guide profiles the top 10 — evaluated by scale, certifications, product range, and market presence — to help buyers identify the right supplier faster.
AP
Akshay Parmar
Overview: Steam Boiler Industry in India
India’s steam boiler industry supports power generation and process heating across oil and gas, steel, fertilizers, chemicals, and cement, sectors highlighted by the Ministry of Heavy Industries. 6Wresearch valued India’s steam boiler system market at US$1.493 billion in 2025 and projects it to reach US$2.145 billion by 2032. Domestic capabilities span utility boilers from 30 MW to supercritical units up to 800 MW, reflecting a mature heavy-engineering manufacturing base.
Top 10 Steam Boiler Manufacturers in India
1. Thermax Limited
Thermax Limited, founded in 1966 and headquartered in Pune, Maharashtra, manufactures steam boilers and broader process-heating systems, including biomass, solid-fuel, oil, gas, and electric solutions. Its boiler and thermal-energy portfolio serves sectors such as steel, refining, petrochemicals, power, cement, sugar, distilleries, fertilizers, paper, chemicals, and textiles. Thermax reports a presence in over 90 countries and operates 12 manufacturing facilities in India, supporting a substantial domestic and international engineering footprint.
2. Bharat Heavy Electricals Limited
Bharat Heavy Electricals Limited (BHEL), established in 1964 and headquartered in New Delhi, Delhi, manufactures steam boilers and steam generators for utility and industrial applications, including pulverised-fuel, BFBC, CFBC, HRSG, and chemical-recovery boilers. Serving power, oil and gas, steel, paper, and other process industries, BHEL offers utility steam generators from 30 MW to 800 MW and has manufacturing capabilities for supercritical boilers up to 1,000 MW.
3. Isgec Heavy Engineering Limited
Isgec Heavy Engineering Limited, established in 1933 and headquartered in Noida, Uttar Pradesh, manufactures steam boilers, including CFBC, AFBC, biomass-fired, bagasse-fired, waste-heat-recovery, and utility boiler systems. Its solutions serve power, sugar, steel, cement, chemical, fertilizer, oil and gas, and other process industries. Isgec’s boiler business has commissioned CFBC units up to 425 TPH and maintains substantial in-house fabrication and commissioning capabilities.
4. TKIL Industries Private Limited
TKIL Industries Private Limited, established in 1947 and headquartered in Mumbai, Maharashtra, manufactures steam boilers and power-generation systems, including CFBC, stoker-fired, biomass-fired, oil and gas-fired, and waste-heat-recovery boilers. Its solutions serve sugar, power, cement, petroleum refining, petrochemicals, chemicals, metals, and other process industries. TKIL has supplied more than 200 boilers, while its CFBC portfolio extends up to 1,000 TPH and includes over 70 commissioned units in India and overseas.
5. Rakhoh Industries Private Limited
Rakhoh Industries Private Limited, founded in 1983 and headquartered in Pune, Maharashtra, manufactures industrial steam boilers, including solid-fuel, biomass, oil- and gas-fired, packaged, waste-heat-recovery, and multi-fuel boiler systems. Its solutions serve textiles, pharmaceuticals, chemicals, food processing, paper and packaging, cement, refineries, distilleries, and power generation. Rakhoh reports more than 5,000 boiler installations worldwide and a global presence spanning 35 countries across three continents.
6. L&T-MHI Power Boilers Private Limited
L&T-MHI Power Boilers Private Limited, established in 2007 and headquartered in Faridabad, Haryana, manufactures supercritical steam boilers and pulverisers for large thermal power projects. The company is a 51:49 joint venture between Larsen & Toubro and Mitsubishi Heavy Industries. Its Hazira, Gujarat, manufacturing facility has an installed boiler production capacity of 5,000 MW per year, while its supercritical boiler range covers units of 500 MW and above.
7. Cheema Boilers Limited
Cheema Boilers Limited, incorporated in 1999 and headquartered in Mohali, Punjab, manufactures industrial steam boilers, including AFBC, biomass-fired, slop-fired, RDF-fired, and waste-heat-recovery systems. Its boilers serve chemicals, pharmaceuticals, food and beverage, paper, textiles, refineries, sugar, and other process industries. CBL has commissioned more than 2,000 boilers and holds ISO 9001, ISO 14001, ISO 45001, and ASME U, S, and H certifications.
8. Sitson India Limited
Sitson India Limited, incorporated in 1978 and headquartered in Dombivli, Maharashtra, manufactures industrial steam boilers, including biomass, FBC, CFBC, spent-wash, and waste-heat-recovery boilers. Its equipment serves sugar, paper, steel, cement, distillery, chemical, and other process industries. Sitson is ISO 9001 certified, operates manufacturing facilities spread over 30,000 square metres, and reports more than 140 boiler installations, with capabilities extending to boilers up to 300 TPH.
9. Walchandnagar Industries Limited
Walchandnagar Industries Limited, established in 1908 and headquartered in Pune, Maharashtra, manufactures industrial steam boilers and steam generators, including biomass, bagasse, coal-fired, AFBC, CFBC, oil and gas-fired, waste-heat-recovery, and package boilers. Its systems serve power generation, cogeneration, sugar, and other process industries. WIL reports more than 540 boiler installations worldwide and can supply boilers up to 300 TPH, with steam pressures up to 125 kg/cm².
10. Thermal Systems Hyderabad Private Limited
Thermal Systems Hyderabad Private Limited, incorporated in 1991 and headquartered in Hyderabad, Telangana, manufactures steam boilers focused on waste-heat recovery, including package boilers, process-gas boilers, and waste-heat boilers. Its solutions serve refineries, steel, non-ferrous metals, sulphuric acid, chemicals, fertilizers, and carbon-black industries. The company holds ASME S, U, and PP stamps, NB and R certifications, and has supplied large-capacity waste-heat boiler installations in India and overseas.
Start with Kompass.
Find suppliersSearch millions of B2B companies and connect with the right suppliers for your business.
Find suppliersList your companyGet your company in front of buyers around the world who are already looking to source.
List your company© 2026 Kompass India. All rights reserved.