|1933||The Saraswati Sugar Syndicate Ltd. (now Isgec Heavy Engineering Ltd.) is established.|
Indian Sugar & General Engineering Corporation (Isgec Heavy Engineering Limited) is established
to address the need for the Indian Capital Goods Industry.
|1947||Isgec shifts Registered Office from Lahore, (undivided India) to Abdullapur (now Yamunanagar in Haryana, India).|
Saraswati Sugar Mills (SSM) is established at Yamunanagar.
|1959||Agreement with John Thompson Ltd., UK for manufacture of Boilers.|
The Saraswati Sugar Syndicate Ltd. name changed to Saraswati Industrial Syndicate Ltd. (SIS Ltd.)
and Isgec is amalgamated with SIS Ltd.
|1964||Collaboration agreement with John Thompson Water Tube Boilers Ltd. for the manufacture of high pressure boilers having output in excess of 50 MW.|
|1964||First Ton Container is manufactured.|
Isgec John Thompson Ltd. (IJT) is formed for designing, supplying, erecting and providing after
sales service of boilers.
|1967||Licenses received for manufacture of Hydraulic Machinery in collaboration with John Shaw and Sons (Salford) Ltd., Salford Lancashire (UK).|
|1967||Presses Division is formed.|
|1968||Production of Hydraulic Presses is started with technical knowhow from John Shaw, UK.|
|1968||Presses Division executes first order of 25T Hydraulic Press supplied to Carbon Products, Calcutta.|
|1969||Items manufactured for the first time:
|1970||Licenses received for manufacture of Plate Bending Rolls, Galvanizing Baths, Fabrication of High Pressure Piping and Heat Exchangers.|
|1974||License issued for manufacture of Water Treatment Plant.|
Company acquires U.P. Steels – a steel plant set up by Kobe Steel Group, Japan at Muzaffarnagar
(U.P.) India in 1966.
|1985||Production of Mechanical Presses is started with technical knowhow from Rovetta Presse Spa, Italy.|
|1988||IJT forays into Fluidized Bed Combustion technology.|
|1995||Isgec, Yamunanagar receives ISO-9001 certification.|
|1995||Manufacture Ladle Turrets for the Continuous Caster of the Rourkela Steel Plant – a first for India.|
|1998||Licensing agreement for CFBC Boilers upto 60 MW with Amec Foster Wheeler North America Corp. (formerly Foster Wheeler North America Corp.)|
|1998||Licensing agreement with Belleli, Italy for the manufacturer of High Pressure Reactors for Oil Refineries and other Petrochemical Plants.|
|1999||Company Head Office shifts to Noida in Uttar Pradesh, India.|
|2001||Receive patent for Liquefied Gas Containers from Mexico.|
|2002||Receive patent for Liquefied Gas Containers from USA.|
|2004||Overseas offices open in Germany and USA.|
|2004||Receive second patent for Liquefied Gas Containers from USA.|
|2006||Technology License Agreement with ABB Lummus Heat Transfer, USA to market, sell and manufacture Helix Heat Exchangers (Helixchanger) products.|
|2007||IJT Design office starts at Chennai.|
|2007||Receive patents for Liquefied Gas Containers from India and China.|
|2007||Company turnover crosses Rs.1000 Crores|
|2008||New plant at Dahej, Gujarat in India commences production. Set up to manufacture heavier and bigger process plant equipment for the overseas market.|
|2008||Receive PIE certification, necessary for marketing Liquefied Gas Containers in Europe.|
|2008||Company is listed in Group B of the Bombay Stock Exchange.|
|2008||Collaboration agreement with Amec Foster Wheeler North America Corp. (formerly Foster Wheeler North America Corp.) for CFBC Boilers enhanced to cover upto 99.99 MWe.|
|2009||New factory for Standard Presses is set up at Bawal, near Gurgaon (Haryana) India.|
|2009||Agreement with Hitachi Zosen, Japan for technology transfer for the manufacture of Chrome-Moly Vanadium Reactors and critical equipment for the Fertilizer sector.|
|2009||Company turnover crosses Rs.1500 Crores.|
|2010||Technology Agreement with Belleli, Italy for manufacture of Vessels with complex chemistries for Oil, Gas & Power sectors primarily for India.|
|2010||Licensing agreement with Amec Foster Wheeler North America Corp. (formerly Foster Wheeler North America Corp.) for technology transfer to engineer, design, manufacture and sell PC fired sub-critical and super-critical boilers for 60-1000 MW unit capacities.|
|2010||First barge operation by Isgec. Vessels exported to Algeria from jetty & port at Dahej.|
|2011||Company turnover crosses Rs.2000 Crores.|
|2011||IJT Design office is started at Pune.|
|2011||Largest Vessel (Coke Drums for installation at MRPL Refinery) manufactured at Dahej and dispatched by barge.|
Company name changes from Saraswati Industrial Syndicate Ltd. to Isgec Heavy Engineering Ltd.
All businesses consolidated and now marketed under a common brand name – Isgec.
|2011||Process Equipment business vertical receives ‘N’ and ‘NPT’ stamps from ASME for manufacture of equipment for Nuclear Plants.|
|2012||Company turnover crosses Rs.2500 Crores.|
Company forms a new joint venture with Hitachi Zosen Corporation, Japan for manufacturing
specialized and critical process equipment. Shareholding pattern: 51% (Isgec) to 49%
(Hitachi Zosen Corp.).
|2012||Company buys drawings and the brand Morando for manufacture of Vertical Turning Lathes (VTL) from an Italian Company.|
|2012||Company acquires technology to manufacture Electrostatic Precipitators (ESP) from a German company, Envirotherm GmbH.|
|2012||Company signs Technology Agreement with M/s. Belleli, Italy for the manufacture of Breech Lock Exchangers.|
|2012||Company signs Technology Agreement with Amec Foster Wheeler North America Corp. (formerly Foster Wheeler North America Corp.) for the supply of design for Feed Water Heaters and Surface Condensers.|
|2013||Boilers business vertical commissions its largest CFBC Boiler of 425 TPH (110 Mwe) for a Steel Plant.|
|2013||Steel Casting business vertical becomes the first Indian Foundry to develop Crushing Shell Castings for Mining & Mineral Processing Industry.|
|2013||Joint Venture - Isgec Hitachi Zosen Ltd. - dispatches first Vessel manufactured by it.|
|2014||Boilers business vertical ventures into new products such as Heat Recovery Steam Generators, Waste Heat Recovery Boilers and Pin Hole Grate Boilers.|
|2014||Sugar Plants & Machinery business vertical successfully commissions its largest Sugar Mill - 1150 mm x 2290 mm (45" x 90").|
|2014||Sugar Plants & Machinery business vertical successfully commissions first sugar refinery.|
|2014||EPC Power Plant business vertical secures its first order for Waste to Energy Power Plant Project, in consortium with Hitachi Zosen Limited, Japan.|
|2015||Company turnover crosses Rs.3000 Crores.|
Company forms a new joint venture with Amec Foster Wheeler North America Corp., USA to manage
detailed engineering of Pulverised Coal Fired Boilers of both Isgec and Amec Foster Wheeler.
Company forms a new joint venture with TITAN Metal Fabricators, Camarillo, CA USA to manufacture
corrosion-resistant process equipment and provide the next generation of reactive alloy equipment to