Bharat Forge Share Price in Focus; Secures Contract Worth ₹425 Crore from Ministry of Defence

Bharat Forge Limited’s share price is likely to be in focus as it announced a significant contract with the Ministry of Defence valued at ₹425 crore. The contract involves the supply of Gas Turbine Generators to the Indian Navy, marking Bharat Forge's entry into the marine gas turbine sector. 

Bharat Forge Gets an Order from the Ministry of Defence 

On June 19, 2026, Bharat Forge Limited (BFL) signed a ₹425 crore contract with the Ministry of Defence for supplying Gas Turbine Generators (GTGs) to the Indian Navy.  

These GTGs, rated at 1.25 MW, will replace the current lower capacity units onboard Kolkata class ships. The contract, awarded under the Buy (Indian) category of the Defence Acquisition Procedure 2020, will be executed over 5 years. 

Indigenous Development and Manufacturing 

This contract marks Bharat Forge's first venture into the marine gas turbine business, delivering the first indigenous GT-based power plant for Indian Naval ships.  

BFL will establish a dedicated Integration and Test facility for GTGs and participate in design and development programs for larger power plants and propulsion GTs. 

Read More: RVNL Share Price in Focus; Secures Order from NMDC worth ₹2,977 Crore! 

Impact on Indian Defence Manufacturing 

Bharat Forge's manufacturing capabilities will address the needs of the Indian armed forces, ensuring local production and complete sovereignty over maintenance and overhaul operations of GTs and GTGs. This aligns with the company's reputation as a leader in India's defence industry and a trusted partner of the Indian armed forces. 

About Bharat Forge Limited 

Bharat Forge Limited, based in Pune, is an Indian multinational company known for its technology-driven approach. It provides high-performance, safety-critical components and solutions across various sectors, including automotive, power, oil and gas, construction and mining, rail, marine, defence, and aerospace.  

BFL has a global manufacturing presence in 5 countries and offers comprehensive services from concept to product design, engineering, manufacturing, testing, and validation. 

Bharat Forge Share Price Performance 

As of June 19, 2026, at 3:30 PM, Bharat Forge share price on NSE was closed at ₹2,041.40, up by 1.06% from the previous closing price. 

Conclusion 

Bharat Forge's ₹425 crore contract with the Ministry of Defence involves supplying 1.25 MW Gas Turbine Generators to the Indian Navy over 5 years. This marks its entry into the marine gas turbine sector, with plans for indigenous development and local production capabilities. 

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