Mumbai: Thermax Ltd has signed an agreement for an export order worth about €14.2 million for supply of Heat Recovery Steam Generator(HRSG).

The order shall be executed for an oil field company to enhance the oil recovery through steam injection in their existing oil wells.

The order would be an important milestone for the company's export business, in the European market, in terms of territorial reach and future opportunities, the company informed Bombay Stock Exchagne.