GE Signs Licensing Agreement for Oil and Gas Compressors (GE)

Further expanding its technology presence in India and the region, GE GE has signed a 10-year licensing agreement with Bharat Heavy Electricals Limited (BHEL) of India. According to the agreement, signed through GE Oil & Gas’ Italian entity Nuovo Pignone, GE’s advanced range of high performance, high efficiency centrifugal compressors will be manufactured under license at BHEL’s production site in Hyderabad, India, for sale in India and in other South Asian territories.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsMarketsIndustrial ConglomeratesIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!