
Business Update26 Aug 2026, 09:03 am
MTAR Technologies Secures ₹126.74 Cr Order from NPCIL
AI Summary
MTAR Technologies Ltd has announced the receipt of purchase orders worth ₹126.74 Crores from Nuclear Power Corporation of India Limited (NPCIL). These orders are for the supply of coolant channel assemblies for the refurbishment of RAPS-4 and MAPS-2 reactors. The execution period for these orders is until May 26, 2028. This development is part of MTAR's ongoing business with an existing customer and falls within the civil nuclear power sector. The company's managing director highlighted that their nuclear order book now exceeds ₹775 Crores, a historical high, indicating a promising long-term outlook for the sector.
Key Highlights
- MTAR Technologies received orders worth ₹126.74 Cr from NPCIL.
- Orders are for reactor refurbishment in the civil nuclear power sector.
- Execution deadline is May 26, 2028.
- Company's nuclear order book now stands at over ₹775 Cr.
- The deal is with an existing customer and is not a related party transaction.
Price Impact
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