⚓ Bharat Forge Bags ₹425 Crore Indian Navy Contract

#Bharat Forge Ltd. has secured a ₹425 crore contract from the Ministry of Defence to supply Gas Turbine Generators (GTGs) for the Indian Navy's Kolkata-class warships.** ### 🔹 Key Highlights * ✅ Contract value: **₹425 crore** * ⚓ Supply of **1.25 MW Gas Turbine Generators** for onboard power generation. * 🛳️ Equipment will replace lower-capacity units currently in service on Kolkata-class destroyers. * 📅 Execution period: **5 years** * 🇮🇳 Awarded under the **Buy (Indian)** category of DAP-2020. * 🚀 Marks Bharat Forge's entry into the **marine gas turbine business**. * 🏭 The company will establish a dedicated **integration and testing facility** for GTGs. * 🔧 It will also participate in future design and development programs for larger power plants and propulsion gas turbines. ### 📈 Strategic Significance This contract strengthens India's defence indigenization efforts and gives Bharat Forge a foothold in the marine gas turbine segment. The new capabilities are expected to support long-term maintenance, overhaul, and future power-generation requirements of the Indian armed forces. 👍 **Like, Follow & Share** for more market and corporate updates. *Disclaimer: This post is for informational purposes only and should not be construed as investment advice.