Bagging/Receiving of orders/contracts

Azad Engineering has signed a long-term supply agreement with GE Steam Power GMBH (GE Vernova Power, Switzerland) to manufacture and supply complex rotating and stationary airfoils for advanced nuclear, industrial, and thermal power sectors.

The contract is valued at USD 53.5 million (~452.48 Cr INR) and will be executed over six years, enhancing their strategic partnership with GE Vernova.