MTAR Technologies has announced the receipt of a significant purchase order valued at ₹35.56 crore from an international entity in the energy sector. The order, which involves the supply of various products for data centre infrastructure, is expected to be executed with staggered deliveries up to 4th December 2026.
The company has not disclosed the name of the customer due to confidentiality agreements. However, it has confirmed that the order comes from a new customer in the energy sector and that it is an international contract.
MTAR Technologies, known for its extensive manufacturing capabilities, will be supplying products specifically tailored for data centre infrastructure as part of this contract. The order does not fall under related party transactions, and the company’s promoter group has no interest in the entity awarding the contract.
Parvat Srinivas Reddy, Managing Director of MTAR Technologies, commented on the development, stating, “We are focused on expanding our footprint in the energy sector and addressing the growing demand from data centres. We expect additional orders from this customer upon successful delivery of these products.”
MTAR Technologies, headquartered in Hyderabad, operates twelve strategically located manufacturing units, including an export-oriented unit. The company serves various sectors, including Clean Energy, Civil Nuclear Power, Fuel Cells, Hydel, Space, and Defence, and has longstanding relationships with leading Indian organisations and global original equipment manufacturers (OEMs).
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).