MTAR Tech bags $29.82mn order from US firm

MTAR received an order for ₹220 Cr from Bloom Energy, USA.

Hyderabad: MTAR Technologies limited, Hyderabad has received an export order for USD 29.82 Mn (approximately Rs 220 Crores) from Bloom Energy, USA.

This order is for export of Yuma Hot Boxes and associated components for Bloom Energy to be delivered over the four quarters of the calendar year 2022.

This is the largest single order ever received by MTAR and demonstrates the customer confidence that MTAR has built over time. This order will clearly support the growth targets that MTAR has set for itself.

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