MTAR Technologies Limited has announced the receipt of new orders worth ₹386.06 crore in the Clean Energy: Fuel Cells segment. These orders reflect the growing demand for clean energy solutions and highlight MTAR’s position as a trusted partner in this space. Of the total order value, ₹204.86 crore is scheduled for execution by the fourth quarter of FY26, while the remaining ₹181.20 crore will be completed in the first quarter of FY27.
“The company continues to strengthen its presence in the Clean Energy – Fuel Cells segment, driven by its cutting-edge product portfolio, timely execution, and cost competitiveness, despite macro challenges such as tariffs. In addition, we expect further orders from the fuel cells segment going forward,” said Mr. Parvat Srinivas Reddy, Managing Director, MTAR Technologies Limited, as per exchange filings.
MTAR Technologies operates nine manufacturing units, including an export-oriented facility in Hyderabad, Telangana. The company serves diverse sectors such as Clean Energy: Civil Nuclear Power, Fuel Cells, Hydel, Aerospace, and Defence. With over five decades of expertise, MTAR maintains long-standing relationships with leading Indian organisations and global OEMs.
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As of September 10, 2025, 1:27 PM, MTAR Technologies share price is trading at ₹1,470.00 per share, reflecting a surge of 4.06% from the previous closing price.
The new clean energy orders solidify MTAR Technologies’ leadership in the fuel cells segment while reinforcing its strong execution track record. With its expanding global presence, MTAR is well-positioned to capture future growth opportunities in the clean energy domain.
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Published on: Sep 10, 2025, 2:12 PM IST
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