Azad Engineering Limited — Important, 03-11-2024: Updates

AZAD Engineering Limited has signed a Long Term Contract & Price Agreement with Mitsubishi Heavy Industries Limited (MHI), Japan, for supplying complex airfoils for gas and thermal power turbine engines. The contract, valued at approximately USD 82.89 million (INR 700 crores), enhances the strategic partnership between the companies. The agreement aims to meet global demand in the power generation industry and has a five-year execution period.