23-04-2025
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.
