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Bharat Forge, through its wholly owned subsidiary Kalyani Strategic Systems Limited, acquired a 51% stake in the Indian arm of Ukrainian firm Zorya Mashproekt. The agreement was signed on May 9, 2023, and the acquisition was completed on December 31, 2023.
State Enterprise Zorya-Mashproekt has started developing hydrogen and gas-hydrogen gas turbine engines, with a first working sample of a 25 MW hydrogen-fueled combustion chamber planned for 2023. A new test bench is expected by Q2 2022.