AZAD Engineering has signed Long Term Contract & Price Agreement (LTCPA) with Mitsubishi Heavy Industries, Japan (MHI) for supply of highly engineered & complex rotating and stationary Airfoils for Advanced Gas & Thermal power turbine engines to meet their global demand in the power generation industry. This current Phase of contract, valued at around $82.89 million (Rs 700 crore) is a robust step towards cementing the company’s everlasting strategic relationship with Mitsubishi Heavy Industries, Japan (MHI). The said contract is expected to be completed in 5 years.
Azad Engineering is one of the key manufacturers of its qualified product lines in the aerospace and defence, energy and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components.
