20 Jun 2026, Sat

Bharat Forge 425 Crore Deal: Defense sector giant Bharat Forge Limited has received a big order worth Rs 425 crore from the Defense Ministry of the country. Under this, the company will make gas turbine generators for the Indian Navy. This deal is being considered very important for the company and its impact may also be visible on its shares in the coming weeks.

Under this deal of Rs 425 crore, Bharat Forge will manufacture and supply 12 sets of Marine Gas Turbine Generators (GTGs) for the Indian Navy. These generators will be used to enhance the power system of Kolkata class warships, where they will produce electricity.

Russian technology will be replaced

Currently, low capacity Russian generator systems from the 1980s are being used to power the power and sensor systems on these warships. It will now be replaced by Bharat Forge’s indigenous high-efficiency systems. The company’s 1.25 MW capacity machines will increase the operational capacity of ships. This project is to be completed in the next five years.

Why is this deal considered important?

The Defense Ministry said in a statement that this contract has been signed under the ‘Buy (Indian)’ category and at least 60% of the goods are required to be made in the country. This agreement was made in the presence of Defense Secretary Rajesh Kumar Singh. This contract for 1.25 MW indigenous Marine Gas Turbine Generator for the Navy will reduce foreign dependence and promote ‘Make in India’ and ‘Atmanirbhar Bharat’.

According to the ministry, the objective of this project is to strengthen the domestic manufacturing capability of the Navy in critical technologies and to take forward the government’s ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives. Marine gas turbine generators are used to generate power aboard Navy warships and support critical combat systems, advanced weapons and onboard sensors. The ministry described these generators as an important part of modern naval warships.

surge in shares

On Friday, June 19, shares of Bharat Forge closed at 2041.40 with a gain of 1.06%. After the company received an order of Rs 425 crore from the Defense Ministry, it also touched its new all-time and 52-week high of 2059.50. The shares of this company worth approximately Rs 97597 crore will remain in focus in the times to come.

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