Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015, It is informed that AZAD Engineering Limited has signed a long-term contract & Price agreement with Siemens Energy Global GmbH & Co KG, for manufacturing and supply of mission critical components, including combustion commodities, cold blades & Vanes, machined parts & assemblies.
This current phase of contract is valued at Eur 90.1 Million (approximately INR 811 cr) for a span of 6 years. This milestone strengthens AZAD''s strategic long term partnership with Siemens Energy positioning the company as a trusted supplier partner of high-performance parts for advanced turbine systems in Essential Industries.
|