PTC Industries wins order for post-cast operations to manufacture single crystal 'ready-to-fit' turbine blades

PTC Industries Ltd. on Thursday, October 23, said it has won a purchase order for post-cast operations to manufacture single crystal 'ready-to-fit' turbine blades.

It received the purchase order from the Gas Turbine Research Establishment (GTRE), Defence Research and Development Organisation (DRDO).

The announcement was made at the Lokarpan ceremony of the titanium and superalloys materials plant at PTC's Strategic Materials Technology Complex (SMTC) in Lucknow.

The post-cast operations include machining, grinding, brazing, vacuum heat treatment, thermal barrier coating and powder vapour deposition of single crystal 'ready-to-fit' turbine blades.  PTC Industries, in an exchange filing, said this is the first time an Indian company has been entrusted with the same.

"Single crystal turbine blades are among the most technically complex and strategically valuable components in modern jet engines," Sachin Agarwal, chariman and managing director of PTC Industries, said.

Shares of PTC Industries were down 1.4% at ₹16,773 apiece around 12.40 pm on Thursday. The stock has gained 10.2% in the past month and gained 25.8% this year, so far.

Also Read: Birlasoft shares surge over 10%, biggest single-day gain since May 2021