Deals14 Mar 2024, 12:40 am
Azad Engineering Secures Seven-Year, USD 35 Million Contract with GE Vernova's Steam Power Business
AI Summary
Azad Engineering has announced a significant strategic partnership with GE Vernova's Steam Power business. The agreement, valued at around USD 35 million over a period of 7 years, will involve the supply of high-complex rotating airfoils for the Nuclear, Industrial, and Thermal power industry. The disclosures, as per SEBI regulations, provide no additional related party information, details of nominees or potential conflicts of interest.
Key Highlights
- Azad Engineering signs a 7-year contract with GE Vernova
- Valued at around USD 35 million
- Involves high-complex rotating airfoils supply
- For Nuclear, Industrial, and Thermal power industry