Hyderabad-based MTAR Technologies Limited has secured significant international orders worth approximately ₹34 crore. These orders span the clean energy and aerospace sectors, both of which are key focus areas for the company. The contracts were awarded by Bloom Energy Corporation and Rafael Advanced Defence Systems Limited, both longstanding international clients of MTAR.
The clean energy order, placed by Bloom Energy, is valued at $2.45 million (approx. ₹21.02 crore), while the aerospace order from Rafael is worth $1.51 million (approx. ₹12.98 crore). Both contracts are continuations of regular business engagements, reflecting the company’s consistent performance and trust among global partners.
The clean energy order is scheduled for execution by September 2025, whereas the aerospace order is expected to be completed by March 2026.
Parvat Srinivas Reddy, Managing Director and Promoter of MTAR Technologies, commented: “We are looking forward to securing volume orders in Aerospace and Clean Energy as we have executed first articles for new products in these sectors, reflecting company’s commitment to innovation, excellence and timely delivery. In addition, we are working with various customers to enter into long term contracts for the supply of critical products”
This statement underlines MTAR’s ongoing efforts to deepen customer relationships and move towards long-term supply arrangements.
Following the announcement, the share price of MTAR Technologies gained 1.91% as of 10:15 AM on May 14, 2025.
MTAR Technologies Ltd operates nine manufacturing units, including an export-oriented unit, all located in Hyderabad, Telangana. The company serves multiple high-precision engineering domains including civil nuclear power, fuel cells, hydel energy, space, and defence.
With a legacy of over four decades, MTAR continues to build on its reputation for exceptional engineering and strategic contributions to national and global clients.
The recent international orders reaffirm MTAR Technologies’ strong position in precision engineering across strategic sectors. Its consistent execution and global partnerships continue to drive investor confidence.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: May 14, 2025, 2:21 PM IST
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