14-05-2025
MTAR Technologies wins Rs 34 crore orders in clean energy and aerospace sectors
By Aman Shukla Published on May 14, 2025, 09:09 IST
MTAR Technologies Limited has received orders worth approximately ₹34 crore for the manufacture and supply of precision-engineered components in the Clean Energy and Aerospace sectors. These orders are scheduled for execution by the end of FY 2025-26.
The contracts have been awarded by two international clients: Bloom Energy Corporation , for Clean Energy-related components valued at approximately USD 2.45 million (₹21.02 crore), to be delivered by September 2025 .
Rafael Advanced Defense Systems Limited, for Aerospace components worth approximately USD 1.51 million (₹12.98 crore), to be fulfilled by March 2026.
Both contracts are from existing customers and are a continuation of ongoing business relationships.
MTAR Technologies operates nine manufacturing units, including an export-oriented unit, in Hyderabad, Telangana. The company provides engineering and manufacturing solutions across sectors such as Clean Energy (including Civil Nuclear Power and Fuel Cells), Space, and Defense.
According to the company, it is in discussions with various customers for long-term supply agreements and has recently completed initial deliveries of new products in the targeted sectors.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
