Deals29 Jan 2025, 10:25 pm
Azad Engineering Ltd Secures € 90.1 Million Contract with Siemens Energy Global GmbH
AI Summary
Azad Engineering Limited has signed a long-term Contract & Price Agreement with Siemens Energy Global GmbH & Co. KG, for manufacturing and supply of mission critical components, including combustion commodities, cold blades & vanes, machined parts & assemblies. This contract is valued at € 90.1 million (INR ~ 811 Cr) for a span of 6 years, strengthening Azad's strategic long term partnership with Siemens Energy and positioning the company as a trusted supplier partner of high-performance parts for advanced turbine systems in Essential industries.
Key Highlights
- Azad Engineering Ltd has signed a long-term Contract & Price Agreement with Siemens Energy Global GmbH & Co. KG.
- The contract is valued at € 90.1 million (INR ~ 811 Cr) for a span of 6 years.
- This contract strengthens Azad's strategic long term partnership with Siemens Energy.
- Azad is positioned as a trusted supplier partner of high-performance parts for advanced turbine systems in Essential industries.