MTAR Technologies Limited, a supplier of products for the energy, space and defence sectors, has received international orders worth INR 340 million in the aerospace and clean energy sectors. The contracts, awarded by Bloom Energy Corporation and Rafael Advanced Defense Systems Limited, are from existing customers and are scheduled for completion by March 2026.
The clean energy order from Bloom Energy is valued at approximately INR 210.2 million and is to be executed by September 2025. The aerospace order from Rafael Advanced Defense Systems is worth around INR 129.8 million and is scheduled for completion by March 2026.
“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,” said Parvat Srinivas Reddy, Managing Director of MTAR Technologies.
MTAR Technologies operates nine manufacturing units in Hyderabad, Telangana, including an export-oriented unit. The company supplies products to clean energy, civil nuclear power, fuel cells, hydel, space, and defence sectors, and has long-standing relationships with both domestic organisations and global OEMs.