MTAR Technologies has recently informed exchanges that the company bagged Rs. 226 crore of orders in the Clean Energy and Aerospace segments. This includes ₹191 crores worth of orders from Bloom Energy in the Clean Energy domain and ₹35 crores from aerospace giants like Rafael, IMI Systems, and IAI.
The company plans to execute ₹225 crores of these orders within the next year, with the remainder slated for completion by April 2026. This robust order book underscores MTAR’s growing dominance in these high-potential sectors.
Commenting on this achievement, Parvat Srinivas Reddy, Managing Director and Promoter of MTAR Technologies Ltd, stated, “We are optimistic about significant growth in both Clean Energy and Aerospace verticals and expect substantial future orders in these domains.”
MTAR operates eight strategically located manufacturing units in Hyderabad, Telangana, including an export-oriented facility. The company serves sectors like Clean Energy – Civil Nuclear Power, Fuel Cells, Hydropower, Space, and Defense. With over four decades of trusted relationships with Indian and global OEMs, MTAR is well-positioned to capitalize on emerging opportunities in precision engineering.
