Deals28 Jan 2025, 03:17 am
Azad Engineering Secures Prestigious Purchase Order from BHEL for High-complex Rotating Airfoils
AI Summary
Azad Engineering Ltd. has announced that it has secured a purchase order from Bharat Heavy Electrical Limited (BHEL) for the supply of advanced, high-complex rotating airfoils for supercritical turbines. This order is a result of a collaborative evaluation and approval by the Central Electricity Authority (Ministry of Power), National Thermal Power Corporation (NTPC), and Bharat Heavy Electrical Limited (BHEL). These airfoils are currently imported due to their high precision and technical complexity. Azad Engineering has met these stringent requirements, establishing itself as an import substitute.
Key Highlights
- Azad Engineering secures a purchase order from BHEL for advanced, high-complex rotating airfoils.
- The order is a result of a collaborative evaluation and approval by the Central Electricity Authority, NTPC, and BHEL.
- These airfoils are currently imported due to their high precision and technical complexity.
- Azad Engineering has met these stringent requirements, establishing itself as an import substitute.
- The order is not a related party transaction and is not done at ‘arm’s length’.