MTAR Tech bags ₹310 cr. order from Megha Engineering for Kaiga civil nuclear reactors

MTAR Technologies has secured ₹310 crore orders for supply of equipment in the civil nuclear power sector.

The order is from Megha Engineering & Infrastructures and involves supply of various equipment for the Kaiga 5 and Kaiga 6 civil nuclear reactors. On the schedule, the company said the deliveries will staggered up to February 2030.

“The company has received orders aggregating to ₹504 crore for the Kaiga 5 and 6 reactors in the current month, including an earlier order worth ₹194 crore. We look forward to strong growth in this segment, backed by a robust order book and favourable industry outlook,” MTAR Managing Director Parvat Srinivas Reddy said.

MTAR caters to clean energy – civil nuclear power, fuel cells, hydel and others, space and defence sectors – and has nine manufacturing units, including an export-oriented unit in Hyderabad.