MTAR Tech: Rs 310 Cr Order for Kaiga Nuclear Reactors
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MTAR Technologies secures Rs 310 crore order from Megha Engineering for Kaiga nuclear reactors 5 & 6 in Karnataka. Deliveries up to Feb 2030.
New Delhi, Dec 18 (PTI) MTAR Technologies on Thursday said it has received an order worth Rs 310 crore from Megha Engineering & Infrastructures for Kaiga nuclear reactors in Karnataka.
The order pertains to supply of various equipment for Kaiga 5 and 6 civil nuclear reactors.
"The company has received total orders aggregating to Rs 504 crore for the Kaiga - 5 & 6 reactors in the current month including an earlier order worth Rs 194 crore," said Parvat Srinivas Reddy, Managing Director of MTAR in a regulatory filing.
There will be staggered deliveries up to February 2030.
MTAR has nine strategically-based manufacturing units including an export-oriented unit in Hyderabad. It caters to clean energy civil nuclear power, fuel cells, hydel & others, space and defence sectors.
The order pertains to supply of various equipment for Kaiga 5 and 6 civil nuclear reactors.
"The company has received total orders aggregating to Rs 504 crore for the Kaiga - 5 & 6 reactors in the current month including an earlier order worth Rs 194 crore," said Parvat Srinivas Reddy, Managing Director of MTAR in a regulatory filing.
There will be staggered deliveries up to February 2030.
MTAR has nine strategically-based manufacturing units including an export-oriented unit in Hyderabad. It caters to clean energy civil nuclear power, fuel cells, hydel & others, space and defence sectors.
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