Azad Engineering signs $82.9M contract with Mitsubishi Heavy Industries

Azad Engineering Ltd signed a long-term contract and price agreement with Mitsubishi Heavy Industries, Japan, valued at $82.89 million (approx. Rs 700 crore), for the supply of highly engineered rotating and stationary airfoils for advanced gas and thermal power turbine engines. The contract has a tenure of five years.

“This current Phase of contract is valued at $82.89 million or Rs 700 crore is a robust step towards cementing our everlasting strategic relationship with Mitsubishi Heavy Industries Limited, Japan (MHI).”businesstoday.in

• 3 sources
• businesstoday.inAzad Engineering shares surged 14% amid market sell off. Here's why - BusinessTodayPawan Kumar NaharNov 4, 2024
• timesofindia.indiatimes.comAzad Engineering bags Rs 700 crore order from Japanese giant Mitsubishi - Times of IndiaSwati BharadwajNov 4, 2024
• timesofindia.indiatimes.comAzad Engineering Lands Massive ₹700 Crore Order from Mitsubishi | Hyderabad News - The Times of IndiaSwati BharadwajNov 4, 2024

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