Azad Engineering Secures Rs 4.46 Billion Deal With GE Vernova for Airfoils
POWER & RENEWABLE ENERGY

Azad Engineering Secures Rs 4.46 Billion Deal With GE Vernova for Airfoils

Azad Engineering, a precision engineering firm based in India, has signed a Rs 4.46 billion agreement with GE Vernova’s Steam Power Services business unit. The six-year deal, valid through 2030, involves the manufacturing and supply of complex rotating and stationary airfoils for nuclear, thermal and industrial power applications.

The contract aims to deepen the long-standing strategic relationship between Azad Engineering and GE Vernova, reinforcing Azad’s role in the global power generation supply chain. The company recently inaugurated a seven thousand six hundred square metre lean manufacturing facility designed to meet high-volume production demands for international clients.

Azad Engineering has been actively expanding its manufacturing capabilities as part of a broader strategy to establish long-term partnerships with global original equipment manufacturers (OEMs) in the aerospace, defence, energy and oil & gas industries.

This agreement underscores the firm’s engineering competence in delivering high-precision components critical to the power generation sector and signals its intent to further integrate with global supply chains across advanced industrial sectors.

Source: PTI via Business Standard

Azad Engineering, a precision engineering firm based in India, has signed a Rs 4.46 billion agreement with GE Vernova’s Steam Power Services business unit. The six-year deal, valid through 2030, involves the manufacturing and supply of complex rotating and stationary airfoils for nuclear, thermal and industrial power applications.The contract aims to deepen the long-standing strategic relationship between Azad Engineering and GE Vernova, reinforcing Azad’s role in the global power generation supply chain. The company recently inaugurated a seven thousand six hundred square metre lean manufacturing facility designed to meet high-volume production demands for international clients.Azad Engineering has been actively expanding its manufacturing capabilities as part of a broader strategy to establish long-term partnerships with global original equipment manufacturers (OEMs) in the aerospace, defence, energy and oil & gas industries.This agreement underscores the firm’s engineering competence in delivering high-precision components critical to the power generation sector and signals its intent to further integrate with global supply chains across advanced industrial sectors.Source: PTI via Business Standard

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->