MTAR Technologies gets orders of USD 29.82 mn largest single order ever received

This is the largest single order ever received by MTAR and demonstrates the customer confidence that MTAR has built over time.

Sep 14, 2021 08:09 IST India Infoline News Service

MTAR Technologies Limited, Hyderabad on Monday has received an export order for USD 29.82 Mn (approximately Rs220cr) from Bloom Energy, USA.

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

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, the company added.

Related Story

Open Free Demat Account (Rs699)