Partnership5 May 2026, 06:31 pm
GE Power India to Partner with Quality Profiles Private Limited
AI Summary
GE Power India Ltd (GEPIL) has approved agreements with Quality Profiles Private Limited (QPPL) for a leave and license agreement, granting QPPL the right to use GEPIL's land and infrastructure in Vadodara. Additionally, a contract manufacturing agreement will see QPPL providing refurbishment/repair services for large rotating equipment and manufacturing/supplying related spares and components based on GEPIL's specifications. Details required under SEBI regulations will be submitted upon execution of the agreements.
Key Highlights
- GE Power India approves agreements with Quality Profiles Private Limited.
- QPPL to use GEPIL's Vadodara facility under a leave and license agreement.
- QPPL will serve as a contract manufacturer for GEPIL.
- Services include refurbishment/repair of equipment and supply of spares.
- SEBI regulations details to be submitted after agreement execution.