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Time of India
24-04-2025
- Business
- Time of India
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 Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 3 minutes, if you own a mouse Undo 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.
Hans India
24-04-2025
- Business
- Hans India
MEIL secures Rs 12,800 cr EPC contract from NPCIL
Hyderabad: Megha Engineering and Infrastructure Ltd (MEIL) has formally received the purchase order for a Rs 12,800 crore EPC contract from the Nuclear Power Corporation of India Limited (NPCIL) to construct two 700 MWe nuclear reactors—Kaiga Units 5 and 6, in Karnataka. This is the biggest-ever order placed by NPCIL and marks MEIL's first major step into the nuclear energy sector. 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 Hindu
23-04-2025
- Business
- The Hindu
MEIL receives purchase order for ₹12,800-crore EPC contract from NPCIL
Hyderabad-based Megha Engineering & Infrastructure (MEIL) on Wednesday said it has formally received purchase order for a ₹12,800-crore EPC contract from the Nuclear Power Corporation of India Limited (NPCIL) to construct two 700 MWe nuclear reactors, Kaiga Units 5 and 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. It was also for the first time NPCIL used the Quality-cum-Cost-Based Selection (QCBS) method for awarding the 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, Megha said in a release. The order was handed over at NPCIL's Mumbai headquarters to Director, MEIL (Projects) Ch. P. Subbaiah. On the occasion, MEIL leadership expressed confidence in the team's ability to deliver project on time while maintaining highest standards of safety, quality, and care.
Time of India
23-04-2025
- Business
- Time of India
Megha Engineering receives India's first private sector nuclear power order
Megha Engineering & Infrastructure Ltd. (MEIL) has received a Rs 12,800 crore order from Nuclear Power Corporation of India Limited (NPCIL) to construct two 700 Megawatt (MW) nuclear reactors—Kaiga Units 5 & 6—in Karnataka. Bids were opened in June 2024 with MEIL outbidding peers to emerge as the lowest bidder. Sector watchers said this is the biggest-ever order placed by NPCIL and the first to the private sector. MEIL said this is the company's first step into the nuclear energy sector. NPCIL used the Quality-cum-Cost-Based Selection (QCBS) method for awarding this project. With this, MEIL's presence spreads across power, water, hydrocarbons, irrigation, oil and rigs, defence, transport, compressed gas distribution, electric mobility—and now, nuclear energy.
Time of India
23-04-2025
- Business
- Time of India
MEIL gets ₹13,000 cr order from Nuclear Power Corporation of India for 2 nuclear reactors
Megha Engineering & Infrastructure Ltd ( MEIL ) on Wednesday said the company has received an order worth about ₹13,000 crore from the Nuclear Power Corporation of India Ltd (NPCIL) for supplying two nuclear reactors of 700 megawatt (MW) each. The order marks MEIL's first step into the nuclear energy sector, the company said in a statement. MEIL said it has "formally received a purchase order for ₹12,800 crore from the Nuclear Power Corporation of India Ltd (NPCIL) to construct two 700 MWe nuclear reactors -- Kaiga Units 5 & 6 -- in Karnataka." The order has been secured Quality-cum-Cost-Based Selection (QCBS) process route conducted by NPCIL. "Competing with industry giants like BHEL and L&T, MEIL was chosen for its strong technical approach and competitive pricing," it said. 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.
