MTAR Technologies Limited, a precision engineering, manufacturing and integrator firm, has secured new orders valued at INR 192 million across the clean energy and aerospace sectors. The clean energy segment accounts for INR 178 million of the total order value, while the aerospace sector contributes INR 14 million.
Approximately INR 47 million of these orders are designated for the development of new products in the clean energy segment. According to the company, successful execution of these initial products is expected to lead to a recurring revenue of INR 100 million per year.
The orders include an international order from Bloom Energy Corporation valued at approximately USD 1.61 million (around INR 138.4 million), with a scheduled execution timeline until January 2026. Additional domestic orders were received from ISRO and Sanmina-SCI India Private Limited, valued at INR 13.8 million and INR 39.8 million respectively. The ISRO order is expected to be complete by May 2026, and the Sanmina-SCI order in July 2025.
MTAR Technologies Limited, based in Hyderabad, operates nine manufacturing units, including an export-oriented unit. The company supplies products to clean energy, space, and defence sectors and has longstanding relationships with Indian organisations and international original equipment manufacturers.