Azad Engineering signed an 8-year Long Term Contract & Price Agreement (LTCPA) with Mitsubishi Heavy Industries (MHI), Japan as Single Source Supplier.
The contract covers supply of highly engineered hot-section Nozzle Vanes Segments for advanced gas turbine engines serving global power generation markets.
Order value is marked confidential; the contract is international and is not a related party transaction with no promoter group interest in MHI.