Bharat Forge Secures ₹425 Crore Contract with Ministry of Defence for Indian Navy Gas Turbine Generators
Bharat Forge Limited (BFL) has secured a significant contract valued at ₹425 Crore from the Ministry of Defence (MoD). The agreement mandates the supply of Gas Turbine Generators (GTGs) to the Indian Navy (IN), designated for onboard power generation duties on Kolkata class ships.The contract is scheduled to be executed over a period of five years. These new GTGs, rated at 1.25 MW, will replace existing lower capacity units currently operating on these naval vessels.
Strategic Impact and Capabilities
Awarded under the Buy (Indian) category of the Defence Acquisition Procedure 2020 (DAP-2020), this contract marks a major step for BFL into the marine gas turbine business. It is set to deliver the first indigenous GT-based power plant intended for operation aboard Indian Naval ships.
BFL, described as a leader in India's defense industry and a trusted partner of the armed forces, will establish a dedicated Integration and Test facility specifically for these GTGs. The company also intends to participate in design and development programs for larger propulsion GTs and power plants. These manufacturing capacities are intended to serve the broader needs of Indian armed forces through local production, ensuring complete sovereignty over the maintenance and overhaul operations of GTs/GTGs.
Key Contract Details
The core details of the contract provided by BFL are summarized below:
| Feature | Detail |
|---|---|
| Contract Value | ₹425 Crore |
| Client | Ministry of Defence (MoD) |
| Recipient | Indian Navy (IN) |
| Product | Gas Turbine Generators (GTGs) |
| Power Rating | 1.25 MW |
| Contract Duration | 5 years |
| Application | Onboard power generation on Kolkata class ships |
Bharat Forge Limited is a multinational company based in Pune and operates as a technology driven global leader, offering innovative safety critical components and solutions across various sectors including automotive, power, oil and gas, rail, marine, defense, and aerospace. The company maintains a global manufacturing presence across five countries, providing full service supply capability from concept through design, engineering, manufacturing, testing, and validation.
BHARATFORG Stock Price Movement
Today, Bharat Forge Limited shares edged higher, settling at ₹2041.4 after gaining 0.80% in post-market trading. The stock closed strong near its yearly high, buoyed by a volume of 1.73 million shares after touching an intraday peak of ₹2059.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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