MTAR Technologies Secures ₹126.74 Cr Orders in Civil Nuclear Power Sector
MTAR Technologies received purchase orders worth ₹126.74 crore from Nuclear Power Corporation of India Limited for reactor refurbishment. The orders are to be executed by May 26, 2028. The company's nuclear order book now exceeds ₹775 crore.
The order value is substantial and contributes to the company's order book, but it is part of ongoing business with an existing customer and the execution timeline is spread over two years.
The company has secured significant new orders, increasing its order book to its highest level, which is a positive development.
MTAR Technologies Limited announced on August 26, 2026, that it has received purchase orders worth ₹126.74 crore from Nuclear Power Corporation of India Limited.
These orders are for the supply of coolant channel assemblies for the refurbishment of the RAPS-4 and MAPS-2 reactors. This is a continuation of regular business from an existing customer, and the orders are from a domestic entity.
The orders are expected to be executed by May 26, 2028. The company's Managing Director, Mr. Parvat Srinivas Reddy, stated that MTAR has secured significant orders in the civil nuclear sector recently, bringing the closing nuclear order book to over ₹775 crore, the highest in the company's history. He expressed optimism about the sector's long-term outlook and expects a steady inflow of orders in the coming years.
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Mtar Technologies Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Mtar Technologies Limited. Read the original for the full detail.