Bharat Forge Secures ₹425 Crore Contract for Indian Navy Gas Turbine Generators
Bharat Forge Limited signed a ₹425 Crore contract with the Ministry of Defence to supply Gas Turbine Generators to the Indian Navy. The contract, to be executed over five years, marks BFL's entry into the marine gas turbine business. BFL will establish a dedicated integration and test facility for GTGs.
This contract is substantial in value and represents a new strategic business vertical for Bharat Forge, indicating strong growth potential and a significant boost to its defense segment.
The contract award of ₹425 Crore for supplying Gas Turbine Generators to the Indian Navy is a significant positive development for Bharat Forge, marking its entry into a new business segment and strengthening its position in the defense sector.
Bharat Forge Limited (BFL) has signed a significant contract valued at ₹425 Crore with the Ministry of Defence (MoD), India. This agreement entails the supply of Gas Turbine Generators (GTGs) to the Indian Navy for onboard power generation on Kolkata class ships.
The contract is slated for execution over a period of five years. The newly contracted GTGs, rated at 1.25 MW, are designed to replace existing lower-capacity units currently in service. This award, made under the Buy (Indian) category of the Defence Acquisition Procedure 2020 (DAP-2020), marks BFL's strategic entry into the marine gas turbine (GT) business, aiming to deliver the first indigenous GT-based power plant for operation aboard Indian Naval ships.
As a prominent player in India's defense industry, BFL will establish a dedicated Integration and Test facility specifically for GTGs. Furthermore, the company will be involved in design and development programs for larger power plants and propulsion GTs. These enhanced manufacturing capabilities are intended to meet the substantial needs of the Indian armed forces through local production and ensure complete sovereignty over the maintenance and overhaul operations of GTs/GTGs.
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Bharat Forge Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Bharat Forge Limited. Read the original for the full detail.