Azad Engineering Secures Prestigious Order from BHEL for Advanced Airfoils

Azad Engineering Limited, a leading name in precision engineering, has made an important announcement regarding a breakthrough in the domestic manufacturing of advanced rotating airfoils for supercritical turbines. This development underscores Azad’s expertise and commitment to fostering self-reliance in the Indian industrial sector.

A Landmark Collaboration

In a significant milestone, Azad Engineering has secured a purchase order from Bharat Heavy Electrical Limited (BHEL) for the supply of complex rotating airfoils for supercritical turbines. These airfoils, known for their intricate designs and precision requirements, were previously imported. The collaboration is part of an indigenisation project jointly evaluated and approved by the Central Electricity Authority (Ministry of Power), National Thermal Power Corporation (NTPC), and BHEL.

Details of the Agreement

1. Client: Bharat Heavy Electrical Limited (BHEL).
2. Purpose: Supply of high-precision rotating airfoils for supercritical turbines.
3. Nature of Order: Domestic purchase order.
4. Execution Timeline: By January 24, 2026.
5. Significance: Import substitution and reduced dependence on foreign components.

The share price of Azad Engineering plunged over 7% despite the announcement of this development, as of 3:26 PM on the NSE. Intraday, the stock fell below the level of ₹1,300 after opening at ₹1,446.90 on January 28, 2025.

About Azad Engineering

Azad Engineering is one of the key manufacturers of our qualified product lines in the aerospace and defence, energy and oil and gas industries, manufacturing highly engineered, complex and mission and life-critical components. Their products include 3D rotating airfoil portions of turbine engines and other critical products for defence and civil aircraft, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil and thermal power. The precision forged and machined components manufactured by us are highly complex and mission-critical and hence, some of them have a “zero parts per million” defects requirement.

The company operates in the aerospace and defence, energy and oil and gas industries and works with global original equipment manufacturers (“OEMs”) operating in such industries we have sales in more than 16 countries. It started core manufacturing in 2008 and is a key player in the industries in which we operate. The company has a high-precision manufacturing ability for precision forging and machining and caters to prominent OEMs in the global supply chain.

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