Hyderabad firm MEIL gets Rs 13k cr order from NPCIL for two 700MW N-reactors
Hyderabad firm MEIL gets Rs 13k cr order from NPCIL for two 700MW N-reactors
NEW DELHI: Hyderabad-based leading
infrastructure company
Megha Engineering & Infrastructure Ltd (
MEIL
) on Wednesday announced that the company has bagged an order worth about Rs 13,000 crore from
public sector undertaking
Nuclear Power Corporation of India Ltd for supplying two
nuclear reactors
of 700 megawatt each.
'We are happy to announce that MEIL has received a Rs 12,800 crore purchase order from
NPCIL
to build two nuclear reactors in
Karnataka
... ,' the company said in a post on X on Wednesday.
MEIL said it has 'formally received a purchase order for a Rs 12,800 crore from the NPCIL to construct two 700 MWe nuclear reactors — Kaiga Units 5 & 6 — in Karnataka. This is the biggest-ever order placed by NPCIL and marks MEIL's first major step into the nuclear
energy sector
— a field that will help shape India's energy future'. The order was formally handed over at NPCIL's Mumbai headquarters to Ch. P Subbaiah, director, MEIL (Projects), and his team.
For the first time, NPCIL used the quality-cum-cost-based selection (QCBS) method for awarding this project — striking a careful balance between quality and cost. 'Competing with industry giants like BHEL and L&T, MEIL was chosen for its strong technical approach and competitive pricing,' the company's statement said. This project goes beyond engineering. It's about contributing to a stronger, self-reliant India. For MEIL, it's a meaningful leap into a sector that plays a key role in powering the nation's growth story.
by Taboola
by Taboola
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Hyderabad-based MEIL is one of India's leading infrastructure companies, with a wide-ranging presence across sectors including power, water, hydrocarbons, irrigation, oil & rigs, defence, transport, compressed gas distribution, and electric mobility.
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