MTAR Technologies announced on Friday that it has won orders totaling Rs 226 crore across the clean energy and aerospace industries. These include products worth Rs 191 crore from Bloom Energy in the clean energy sector, and Rs 35 crore from key aerospace customers such as Rafael, IMI Systems, and IAI, as per a regulatory filing. Out of these, Rs 225 crore of orders are expected to be completed within one year, with the remaining to be executed by April 2026.
Parvat Srinivas Reddy, Managing Director & Promoter of MTAR Technologies Ltd, expressed optimism about the growth prospects in both the clean energy and aerospace verticals. He stated, “We are expecting significant order inflows in these segments going forward.”
MTAR operates eight strategically located manufacturing units, including an export-oriented facility in Hyderabad, Telangana. The company serves various sectors including clean energy—civil nuclear power, fuel cells, hydel, space, and defense—and has a long-standing relationship with leading Indian organizations and global OEMs spanning over four decades.
Established in 1970, MTAR has built a reputation for delivering highly specialized products such as missile systems, fuel cells, reactors, and space launch vehicle components. The company plays a significant role in supporting India’s strategic initiatives through collaborations with ISRO, DRDO, and NPCIL. MTAR’s focus on innovation, cutting-edge manufacturing technologies, and strict quality control has made it a key player in India’s advanced engineering landscape, contributing to both domestic and global projects.
