Deals15 Jan 2025, 10:30 pm
Azad Engineering Limited Signs Long Term Supply Agreement with GE VERNOVA INTERNATIONAL LLC, USA for USD 112 Million
AI Summary
Azad Engineering Limited has entered into a long term supply agreement with GE VERNOVA INTERNATIONAL LLC, USA for the supply of highly engineered, complex rotating and stationary Airfoils for Advanced Gas Turbine Engines. This current phase of the contract, valued at approximately USD 112 Million (INR ~ 960 Crores), is a significant step towards strengthening their strategic relationship. The agreement is for a period of 6 years and falls under the category of 'Long Term Contract' with an international entity.
Key Highlights
- Azad Engineering Limited signs a long term supply agreement with GE VERNOVA INTERNATIONAL LLC, USA
- The contract is valued at approximately USD 112 Million (INR ~ 960 Crores)
- The agreement is for the supply of highly engineered, complex rotating and stationary Airfoils for Advanced Gas Turbine Engines
- The contract period is 6 years
- The agreement is with an international entity