# TIL Limited acquires 60% stake in Tulip Compression for clean energy foray

Heavy equipment manufacturer TIL Limited approved the acquisition of a 60% stake in Tulip Compression Private Limited, marking its entry into clean-energy manufacturing. The deal gives TIL access to LNG and hydrogen powerpack manufacturing.

- Type: Acquisition
- Announced: 2026-02-17
- Where: India
- Status: announced
- Products: LNG powerpacks, hydrogen powerpacks, cryogenic LNG storage tanks, oil and gas process vessels
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [TIL Limited](https://endata.com/companies/14221.md) (acquirer)
- [Tulip Compression Private Limited](https://endata.com/companies/14222.md) (target)

## Sources

- [manufacturing.economictimes.indiatimes.com](https://manufacturing.economictimes.indiatimes.com/news/energy/til-limited-makes-clean-energy-foray-with-60-stake-in-tulip-compression/128463228), 2026-02-17: "Tulip's acquisition is a force multiplier in TIL 2.0 as it widens our product range and strengthens our presence across oil and gas and transportation sectors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.