MTAR Technologies has secured ₹200 crore in new contracts across clean energy, aerospace, and space technology, reinforcing its role as a key player in India’s high-tech manufacturing revolution. The orders include ₹157.4 crore from Bloom Energy for fuel cell components, ₹2.7 crore from Fluence for energy storage systems, ₹22 crore for civil nuclear power, and ₹17.9 crore for ISRO and multinational aerospace projects. With a strong focus on fuel cells, nuclear energy, and aerospace innovation, MTAR is leading the charge in India’s transition towards sustainable energy and advanced engineering solutions.
MTAR Expands Across Fuel Cells, Civil Nuclear Power, and Aerospace with High-Value Orders
MTAR Technologies, a key player in precision engineering and advanced manufacturing, has secured orders worth ₹200 crore across clean energy, civil nuclear power, aerospace, and space technology. The new contracts solidify its role in India’s transition to a high-tech manufacturing powerhouse, supporting key sectors with cutting-edge solutions.
The largest order, valued at ₹157.4 crore, has been secured from Bloom Energy, a US-based company specializing in solid oxide fuel cells. Another ₹2.7 crore in first-article orders has been secured from Fluence, a global leader in energy storage solutions.
Beyond clean energy, MTAR continues to strengthen its presence in the civil nuclear power sector with ₹22 crore in fresh orders. Additionally, the company has bagged ₹17.9 crore worth of contracts in space and multinational aerospace projects, including key partnerships with ISRO and leading aerospace companies.
Fueling India’s High-Tech Growth in Clean Energy and Space
With these latest contracts, MTAR Technologies is cementing its role in critical technology industries, particularly fuel cells, nuclear power, and aerospace manufacturing. The company has been rapidly expanding its clean energy portfolio, playing a crucial role in India’s shift towards sustainable technology.
The contracts from Bloom Energy highlight MTAR’s expertise in precision components for fuel cell technology, which is set to drive India’s hydrogen economy. Meanwhile, orders from Fluence signify its growing capabilities in energy storage solutions, an essential sector for India’s renewable energy expansion.
MTAR’s ₹22 crore nuclear power orders further reinforce its expertise in manufacturing complex components for nuclear reactors and power plants, supporting India’s indigenous nuclear energy program. The ₹17.9 crore space and aerospace contracts, including work for ISRO, mark another milestone in MTAR’s contributions to India’s growing space ambitions.
Strategic Expansion and Future Growth
According to Parvat Srinivas Reddy, Managing Director of MTAR Technologies, the company is in advanced discussions for several additional contracts, which are expected to significantly boost its order book in the coming quarters.
“We are now seeing large-scale volume orders from existing and new customers across clean energy and space. Our long-term strategy is focused on increasing our capabilities in fuel cell technology, nuclear power, and aerospace manufacturing. We expect substantial new orders in the civil nuclear power sector by the end of FY25,” said Mr. Reddy.
MTAR’s strategic focus on high-growth sectors is expected to fuel its long-term expansion. The company has been consistently investing in advanced manufacturing capabilities, including precision machining, sheet metal fabrication, and additive manufacturing, to cater to the increasing demand for complex, high-tech components.
A Legacy of Precision Engineering in Clean Energy and Aerospace
With over four decades of expertise, MTAR Technologies operates eight advanced manufacturing units in Hyderabad, Telangana, including an export-oriented unit that serves global clients. The company is a trusted partner for:
Clean Energy – Fuel cells, civil nuclear power, hydropower, and energy storage solutions
Space and Aerospace – Partnerships with ISRO, DRDO, and global aerospace firms
Defense and Precision Engineering – Manufacturing critical components for defense applications
As India scales up its clean energy and space programs, MTAR is positioned as a key player in India’s high-tech manufacturing revolution. Its latest contracts will play a pivotal role in strengthening India’s energy security and aerospace capabilities while expanding its global footprint.
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