MTAR Tech Bags Orders Worth Rs 200 Cr

Hyderabad: City-based MTAR Technologies Ltd said it has secured orders worth Rs 200 crore in Clean Energy – Fuel Cells, Civil Nuclear Power, MNC Aerospace and Space verticals. The manufacturer has received orders worth Rs157.4 crore from Bloom Energy in Clean Energy – Fuel cells division, Rs2.7 crore of orders for first articles from Fluence in Clean Energy – Energy Storage systems, Rs22 crore of orders from Clean Energy - Civil Nuclear Power, and Rs17.9 crore worth orders from Space including orders from Isro and MNC Aerospace customers. Majority of the orders will be executed by the end of FY 26, the company said in an official release.