MTAR Tech bags orders worth Rs. 540 Cr in Clean Energy
Hyderabad: Hyderabad-based MTAR Technologies has secured orders worth Rs. 540 Cr in the Clean Energy segment including civil nuclear power.
“We are delighted with the new order inflows in Clean Energy sector. The company is looking forward to strengthen the Clean Energy vertical further to power a safer future.”Parvat Srinivas Reddy, Managing Director, MTAR Technologies Limited
MTAR has seven strategically based manufacturing units including an export-oriented unit each based in Hyderabad, Telangana. MTAR caters to Civil Nuclear Power, Space & Defence and Clean Energy sectors. The Company has a long-standing relationship of over four decades with leading Indian organisations such as Nuclear Power Corporation of India, The Indian Space Research Organization (ISRO) and the Defense Research and Development Organization (DRDO). MTAR client base also includes reputed global OEMs such as Bloom Energy, Rafael Advanced Defense Systems, Elbit Systems, among others. The company’s product portfolio comprises of assemblies for core of the nuclear island, assemblies for Space Launch Vehicles including liquid propulsion engines, Cryogenic upper Stage (Turbo pumps, booster pumps, gas generators and injector heads), electro-pneumatic modules for satellites, components and assemblies leading Indian and global defence organizations, equipment for fuel cells including Solid Oxide Fuel Cell Units, Hydrogen Units and electrolysers.