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MTAR Technologies receives ₹140 cr order from Bloom Energy Corp.
short by / on Thursday, 8 August, 2024
MTAR Technologies shares surged 4% after securing ₹140 crore export order from Bloom Energy Corporation for fuel cells in the clean energy sector. The contract entails $9.10 million for FY 2024-25, with the remaining dispatched by Q1 FY 2025-26. MTAR manufactures mission-critical precision components with close tolerances (5-10 microns) and critical assemblies for high-priority national projects.
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