MTAR Technologies gets Rs 310 cr order for Kaiga nuclear reactors

MTAR Technologies has secured a Rs 310 crore order from Megha Engineering & Infrastructures for equipment supply to Kaiga 5 and 6 nuclear reactors in Karnataka. This adds to previous orders, bringing total Kaiga reactor orders to Rs 504 crore, with deliveries scheduled in phases up to February 2030

New Delhi: 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.

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“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.