Bharat Forge Bags Contract from Indian Navy
India, June 21 -- Global metal forging company Bharat Forge Ltd on Friday said it has signed a contract worth Rs 425 crore with the defence ministry for the supply of gas turbine generators to Indian Navy for onboard power generation on Kolkata class ships.
The contract will be executed over a period of five years it said.
As part of the deal, the company will establish a dedicated Integration and test facility for these generators besides participating in design and development programmes for larger power plants and propulsion gas turbines, Bharat Forge said in a statement.
These manufacturing capabilities will also serve the significant needs of Indian armed forces in general with local production and ensure complete sovereignty on m...
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