SOURCE: AFI
Hyderabad-based AZAD Engineering Limited has entered a Long Term Contract & Price Agreement (LTCPA) with Mitsubishi Heavy Industries (MHI), Japan, for the supply of sophisticated and precisely engineered rotating and stationary airfoils for use in advanced gas and thermal power turbine engines. Valued at $82.89 million (approximately INR 700 crore), this contract underscores AZAD Engineering’s capabilities in delivering high-precision components critical for the global power generation market.
This contract marks a significant advancement in the longstanding partnership between AZAD Engineering and Mitsubishi Heavy Industries, one of the world’s most respected names in power generation and heavy engineering. Over the years, AZAD has developed a reputation for delivering high-quality, complex components that meet the stringent demands of international standards. The current phase of this contract further solidifies AZAD Engineering’s standing as a strategic supplier to MHI, reinforcing its position within the global supply chain of advanced gas and thermal turbine components.
The focus of this agreement is on the production of complex rotating and stationary airfoils—key components in gas and thermal turbines that directly impact performance, efficiency, and reliability in power generation. These airfoils must withstand extreme conditions, including high temperatures, pressures, and rotational stresses, while maintaining precision and durability. AZAD Engineering’s expertise in machining and engineering ensures that these components meet MHI’s rigorous specifications for advanced turbine systems, contributing to enhanced efficiency in power generation and reduced environmental impact.
The power generation industry relies heavily on advancements in turbine technology to meet rising global energy demands. AZAD Engineering, with its commitment to quality and precision, plays a crucial role in this industry by producing high-performance components for OEMs like Mitsubishi Heavy Industries. The long-term partnership not only highlights AZAD’s technical expertise but also signals India’s growing prominence as a reliable manufacturing hub for advanced industrial components.
AZAD Engineering has a history of investing in state-of-the-art technology and infrastructure, allowing the company to deliver complex parts with the precision required by high-performance gas and thermal turbines. The LTCPA with MHI is expected to further enhance AZAD’s technical capabilities and foster innovation within its manufacturing processes.