MTAR Tech Bags Rs 310 Cr Nuclear Reactor Order

• MTAR gets Rs 310 cr order from Megha Eng for Kaiga nuclear reactors.
• Order is for Kaiga 5 and 6 civil nuclear reactors, deliveries by Feb 2030.
• MTAR's total Kaiga orders in Dec are Rs 504 cr, MD Parvat Srinivas Reddy said.

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. PTI KKS KKS ANU ANU