MTAR Technologies Secures Rs. 310 Crores Order in Nuclear Sector
Filing Summary
MTAR Technologies Limited has received an order valued at Rs. 310 Crores from Megha Engineering & Infrastructures Limited. The order pertains to the supply of various equipment for the Kaiga 5 and Kaiga 6 civil nuclear reactors. This order is part of a larger contract, bringing the total orders for these reactors to Rs. 504 Crores in December 2025. The deliveries are scheduled to be completed by February 2030. This development is in line with MTAR’s focus on expanding its footprint in the civil nuclear power sector.
MTAR Technologies Limited has announced the receipt of an order worth Rs. 310 Crores from Megha Engineering & Infrastructures Limited. This order is for the supply of various equipment for the Kaiga 5 and Kaiga 6 civil nuclear reactors. The order is a continuation of a previous contract, increasing the total order value for these reactors to Rs. 504 Crores in December 2025.
The financial terms of the order include a total consideration of Rs. 310 Crores. This order is part of MTAR’s ongoing efforts to expand its operations in the civil nuclear power sector. The company has previously secured an order worth Rs. 194 Crores for the same reactors earlier in the month. The orders are domestic, awarded by a domestic entity, and do not involve any related party transactions.
The scope of the order involves the supply of various equipment necessary for the operation of the Kaiga 5 and Kaiga 6 reactors. These reactors are part of India’s civil nuclear power infrastructure. The equipment supplied by MTAR Technologies will be critical to the functioning and efficiency of these reactors. The order is significant as it marks a new customer relationship with Megha Engineering & Infrastructures Limited, a key player in the infrastructure sector.
The timeline for the execution of this order is set with staggered deliveries up to February 2030. This long-term delivery schedule indicates a sustained engagement with the client and a steady workflow for MTAR Technologies over the coming years. The company has confirmed that there is no interest from the promoter group in the entity awarding the contract, and the transaction does not fall under related party transactions.
Megha Engineering & Infrastructures Limited is a prominent player in the infrastructure sector, known for its involvement in large-scale projects across various domains. The company’s collaboration with MTAR Technologies in the civil nuclear power sector underscores its strategic interest in expanding its footprint in this critical industry.
MTAR Technologies Limited is a leading provider of precision engineering solutions, catering to sectors such as clean energy, space, and defense. The company operates multiple manufacturing units, including an export-oriented unit in Hyderabad, Telangana. MTAR is focused on strengthening its position in the civil nuclear power sector, leveraging its long-standing relationships with major Indian organizations and global OEMs.